• April 8, 2024
  • 5:46 pm

GraceKennedy Limited (GK) has advised that the Company repurchased 244,179 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.

Date of PurchaseNo. of SharesPrice
26-Mar-24 10,000 TT$4.07
27-Mar-24 30,000 TT$4.07
27-Mar-24 7,879 TT$4.07
27-Mar-24 120,000 JM$74.00
2-Apr-24 68,100 TT$4.07
3-Apr-24 8,200 TT$4.07
Total 244,179

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 April 3, 2024 is a total of 1,451,670 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 08 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2024 22:53:07 UTC.