Solution-How many shares will be repurchased

How many shares will be repurchased

Assignment Help Finance Basics

Reference no: EM131428931

EJH Company has a market capitalization of $1.1billion and 30million shares outstanding. It plans to distribute $80million through an open market repurchase. Assuming perfect capital markets:

a. What will the price per share of EJH be right before the repurchase?
b. How many shares will be repurchased?
c. What will the price per share of EJH be right after the repurchase?

Reference no: EM131428931

Questions Cloud

Should drunk drivers be sentenced : Should drunk drivers be sentenced to serve prison terms." My professor is interested in grammar and the formating of the paper. Ensure you have a clear thesis statement and every paragraph has a topic sentence.

Explain the main concepts of cloud computing : Explain the main concepts of Cloud Computing and why you think that a move to the Cloud could be good for SoftArc Engineering; Explain some of the Cloud Architectures that you think would be useful for SoftArc Engineering to use as part of their Clo..

Draw two lines under each verb : Draw two lines under each verb. In the blank, write transitive, intransitive, or linking to identify the kind of verb. Write PN above each predicate noun and PA above each predicate adjective.

Marketing functions effectively support the requirements : How could the company's R&D, production, and marketing functions effectively support the requirements of OEM, OBM, and OFM customers? Should Galanz continue to expand its production capacity of magnetrons through outsourcing? What would be the impact..

How many shares will be repurchased : a. What will the price per share of EJH be right before the repurchase? b. How many shares will be repurchased? c. What will the price per share of EJH be right after the repurchase?

Compute the annualized irr for this loan assuming : Suppose the index rate will remain 1% for the life of the loan. Compute the annualized IRR for this loan assuming Tim will prepay in 5 year

Why is project management so important in any field : Why is project management so important in any field? How can project management be applied to implement supply chain strategies? Why is project management so important in any field? How can project management bExplain how you would work with your sta..

Research paper about theater and the technology : THA 2140 - Intro To Theatre Mid-Term Research Paper - write a 4 to 5 page paper telling me the facts about your topic. This paper should be written using only the facts on the topic. THIS IS NOT AN OPINION PAPER. Make sure your paper is well writte..

Expected return and standard deviation : Stock A has an expected return of 12% and a standard deviation of 40%. Stock B has an expected return of 18% and a standard deviation of 60%. The correlation coefficient between Stock A and B is 0.2. What are the expected return and standard devia..

User Account

All Pages

How many shares will be repurchased

Reference no: EM131428931

Reference no: EM131428931

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT