Treasury Stock and Dividends
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5,000 shares of common stock, assume that 2,000 shares were origionally issued and 800 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared?
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Solution Summary
The solutions shows the calculations of the dividend per share.
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Number of shares outstanding = 2,000 - 800 = 1,200 ...
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