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:
- The purpose for 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 repurchased as at November 21 is a total of 22,000 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
