please explain throughly in basic terms thank you!

"I guess I'll win that bet!" you announced to no one in particular. "What bet?" Renee asked. Renee Patey was close enough to overhear you. "When I bought my REC stock last year Randy insisted it was a mistake, that they were going to collapse. I bet him a Coke he was wrong. This press release says they have positive earnings," you bragged. Renee was looking over your shoulder now at the article you were pointing at: CHICAGO (ACCOUNTING WIRE)-July 1, 2021-Republic Enterprise Companies, Inc. (REC), today reported net income attributable to REC of $3.6 billion for the quarter ended May 31, 2021.... Diluted earnings per share attributable to REC were $1.52 for the second quarter of 2021, compared with $1.21 for the second quarter of 2020. Our Board of Directors... authorized the repurchase of shares of REC Common Stock, with an aggregate purchase price of up to $2.0 billion.. "A dollar fifty-two a share, huh?" Renee asked. "How many shares do you have? When do you get the check?" 2. A previous press release indicated that "Share and per share amounts prior to the second quarter of 2019 have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2019. What does that mean