Explore BrainMass
Share

Explore BrainMass

    Repurchasing outstanding shares

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    How much would it cost for Chester Corporation to repurchase all its outstanding shares if the price fell by 10%? Assume no brokerage fees.
    Select:
    $187.7 million
    $97.4 million
    $87.7 million
    $208.6 million

    See attached file for additional information.

    © BrainMass Inc. brainmass.com October 10, 2019, 7:26 am ad1c9bdddf
    https://brainmass.com/business/finance/repurchasing-outstanding-shares-581554

    Attachments

    Solution Summary

    This solution shows how to calculate the cash required to repurchase all shares given a sudden price change.

    $2.19