GraceKennedy Limited (GK) has advised that the Company repurchased 236,014 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.

Date of Purchase No. of Shares Price
1-Mar-24 377 TT$   3.98
1-Mar-24 184,955 TT$   3.98
1-Mar-24 50,682  JM$75.00
Total 236,014

The Company further advises as follows:

  1. The purpose of the purchase – To enhance shareholder value
  2. The maximum intended repurchase – Up to 1% of the shares in issue (approximately 9,950,000 shares). The actual number of shares repurchased as at March 1, 2024 is a total of 1,025,738 shares
  3. The effective date of the purchase – Per table above
  4. The source of funding of the purchase – The Company’s cash flows
  5. The method of effecting the purchase – On the open market via our brokers