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:
- The purpose of the purchase – To enhance shareholder value
- 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
- The effective date of the purchase – Per table above
- The source of funding of the purchase – The Company’s cash flows
- The method of effecting the purchase – On the open market via our brokers
