Suppose a company paid the following prices for buybacks over a year. What is the blended...
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Suppose a company paid the following prices for buybacks over a year. What is the blended price? Show calculations Average price paid ($) 12.2 13.3 11.5 If current stock price of the company is 12.0, what is the impact of buybacks in terms of price change? Assume that buyback is the only reason for price change. Value of shares purchased ($) 6,000,000 20,000,000 15,000,000 Suppose a company paid the following prices for buybacks over a year. What is the blended price? Show calculations Average price paid ($) 12.2 13.3 11.5 If current stock price of the company is 12.0, what is the impact of buybacks in terms of price change? Assume that buyback is the only reason for price change. Value of shares purchased ($) 6,000,000 20,000,000 15,000,000
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Number of shares purchased Note Since shares cannot be bought in fraction it has to b... View the full answer
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
Posted Date:
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