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28 Sep 2019
EJH Company has a market capitalization of $2.8 billion and 45million shares outstanding. It plans to distribute â$115 million through an open market repurchase. Assuming perfect capitalâ markets:
a. What will the price per share of EJH be right before theâ repurchase?
b. How many shares will beâ repurchased?
c. What will the price per share of EJH be right after theâ repurchase?
EJH Company has a market capitalization of $2.8 billion and 45million shares outstanding. It plans to distribute â$115 million through an open market repurchase. Assuming perfect capitalâ markets:
a. What will the price per share of EJH be right before theâ repurchase?
b. How many shares will beâ repurchased?
c. What will the price per share of EJH be right after theâ repurchase?
Nestor RutherfordLv2
28 Sep 2019
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