Your firm has 25 million shares outstanding and they trade


Your firm has 25 million shares outstanding and they trade at $ 30. Net Income this year will be $ 3 million. You have $ 15 million to use and you plan to buy-back shares.

What is the EPS before and after the repurchase?

How many shares trade in the market after the buy back?

 

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Finance Basics: Your firm has 25 million shares outstanding and they trade
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