How many shares does it have after the recap
Dye Trucking raised $150 million in new debt and used this to buy back stock. After the recap, Dye"s stock price is $7.50. If Dye had 60 million shares of stock before the recap, how many shares does it have after the recap?
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After the recap, Dye"s stock price is $7.50. If Dye had 60 million shares of stock before the recap, how many shares does it have after the recap?
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The table below shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices at the end of the year.
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