• December 1, 2023
  • 8:56 am

GraceKennedy Limited (GK) has advised that the Company repurchased 22,000 GraceKennedy shares under the 'GraceKennedy Share Repurchase Programme' as outlined below.

Date of Purchase No. of Shares Price
20-Nov-23 2,760 J$74.00
20-Nov-23 63 J$74.00
20-Nov-23 4,177 J$74.00
21-Nov-23 15,000 J$74.00
Total 22,000

GraceKennedy further advised as follows:

  1. The purpose for 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 repurchased as at November 21 is a total of 22,000 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

Attachments

Disclaimer

GraceKennedy Ltd. published this content on 01 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2023 14:02:13 UTC.