GraceKennedy Ltd.
GraceKennedy Ltd.
12/11/2023 | Press release | Distributed by Public on 12/11/2023 08:20
GraceKennedy Limited (GK) – Share Buy Back: November 29, 2023
- December 11, 2023
- 9:14 am
GraceKennedy Limited (GK) has advised that the Company repurchased 100,966 GraceKennedy shares under the 'GraceKennedy Share Repurchase Programme' as outlined below.
| Date of Purchase | No. of Shares | Price |
| 29-Nov-23 | 100,966 | J$73.00 |
| Total | 100,966 |
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 number of shares repurchased as at November 29, 2023 is a total of 122,966 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