GMP Corp had 120 million shares outstanding on January 1, 2023. On January 23, 2023, the firm

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GMP Corp had 120 million shares outstanding on January 1, 2023. On January 23, 2023, the firm repurchased 20 million additional shares at the market price of $70 per share. What was the effect of this...

Posted Date: May 21, 2024 03:11 PM

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GMP Corp had 120 million shares outstanding on January 1, 2023. On January 23, 2023, the firm

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