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    Repurchase of shares

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    A firm with 100 million shares outstanding repurchased 10 million shares to the market price of $20 per share. What is the total market value of the equity after the repurchase? What is the per-share value after the repurchase?

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    https://brainmass.com/business/dividends-stock-repurchase-and-policy/repurchase-shares-278179

    Solution Preview

    A firm with 100 million shares outstanding repurchased 10 million shares to the market price of $20 per share. What is the total market value of the equity after the repurchase? What ...

    Solution Summary

    This solution calculates the total market value of the equity after the repurchase and the per-share value after the repurchase of shares.

    $2.19