GraceKennedy – Share Buy Back: May 2 – 6, 2024

• May 15, 2024
• 3:49 pm

GraceKennedy Limited (GK) has advised that the Company repurchased 73,000 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.

Date of Purchase	No. of Shares	Price
2-May-24	2,525	JM$73.97
2-May-24	27,475	JM$73.92
6-May-24	42,090	JM$73.98
6-May-24	910	JM$74.00
Total	73,000

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 May 6, 2024 is a total of 2,030,722 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