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green thumb nursery has 39,000 shares outstanding at a market price of $63.29 per share. the earnings per share are $3.29. the firm has total assets of $334,000 and total liabilities of $193,000. today, the firm announced a share repurchase for $89,000 of its stock. what is the earnings per share after the repurchase?

Respuesta :

The earning per share after the repurchase =  $668.7199

Earning per share :

Earnings per share is the financial value of earnings per outstanding share of common stock for a company. It's a crucial measure of commercial profitability and is generally used to price stocks. Earnings per share( EPS) is a company's net profit divided by the number of common shares it has outstanding. EPS indicates how important plutocrat a company makes for each share of its stock and is a extensively used metric for estimating commercial value.

Earnings per share or EPS is an important fiscal measure, which indicates the profitability of a company. It's calculated by dividing the company's net income with its total number of outstanding shares.

Simplifying :

Earnings per share after the repurchase  =EPS before repurchase × Number of shares before repurchase ÷ (Number of shares before repurchase - Share repurchase amount ÷ Share price)

      =3.29 × 334,000÷ (193,000- 89,000 ÷ 63.29)

      = 1098860 ÷ 1643.229

    =  $668.7199

Learn more about Earning per share :

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