• March 28, 2024
  • 1:18 pm

GraceKennedy Limited (GK) has advised that the Company repurchased 181,753 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.

Date of PurchaseNo. of SharesPrice
20-Mar-24 9,680 JM$73.50
20-Mar-24 15,450 JM$73.50
20-Mar-24 15,450 JM$73.50
20-Mar-24 9,420 JM$73.50
20-Mar-24 6,003 JM$73.50
20-Mar-24 15,450 JM$73.50
20-Mar-24 10,300 JM$73.50
21-Mar-24 100,000 JM$74.00
Total 181,753

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 21, 2024 is a total of 1,207,491 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

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GraceKennedy Ltd. published this content on 28 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2024 19:22:39 UTC.