Assignment Task: Wanda owns 150 shares of the 200 shares outstanding (75% of the shares). Wanda has 125 shares redeemed. After the redemption, Wanda owns 33% (25 ÷ 75 outstanding after redemption), which is less than 50% of the stock and less than 80% of her original interest (33% ÷ 75% = 44%)
Is this situation qualified as a disproportionate redemption? Show your calculations.