GraceKennedy – Share Buy Back: December 18 to 22, 2023

• December 27, 2023
• 5:38 pm

GraceKennedy Limited (GK) has advised that the Company repurchased 260,000 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.

Date of Purchase	No. of Shares	Price
18-Dec-23	12,000	JM$75.50
18-Dec-23	12,000	JM$75.50
18-Dec-23	12,000	JM$75.50
18-Dec-23	5,110	JM$75.50
18-Dec-23	1,684	JM$76.00
18-Dec-23	4,067	JM$76.00
18-Dec-23	19,869	JM$76.00
18-Dec-23	7,535	JM$76.00
18-Dec-23	1,200	JM$77.00
18-Dec-23	300	JM$77.01
18-Dec-23	1,496	JM$78.99
18-Dec-23	1,200	JM$78.99
18-Dec-23	1,539	JM$79.99
20-Dec-23	100,000	JM$79.11
22-Dec-23	10,631	JM$80.00
22-Dec-23	892	JM$79.99
22-Dec-23	1,000	JM$79.80
22-Dec-23	1,220	JM$79.99
22-Dec-23	650	JM$79.99
22-Dec-23	17,000	JM$80.00
22-Dec-23	10,381	JM$80.00
22-Dec-23	6,490	JM$80.00
22-Dec-23	9,911	JM$80.00
22-Dec-23	20,077	JM$77.01
22-Dec-23	1,748	JM$77.00
Total	260,000

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 December 22, 2023 is a total of 559,724 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