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

Answer rating: 100% (QA)

Number of shares purchased Note Since shares cannot be bought in fraction it has to b... View the full answer