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Author Question: Santa Fe Railway transports industrial products and supplies throughout the Western United States. ... (Read 75 times)

jerry coleman

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on: Apr 25, 2021
Santa Fe Railway transports industrial products and supplies throughout the Western United States. Selected financial information for Santa Fe is provided in the table below. The CFO of Santa Fe, Richard Pennybags, wants to distribute $1B of cash using an open market stock repurchase. If the shares are bought back at the pre-repurchase price, then what proportion of shares will be repurchased?

Santa Fe Railway
Selected Financial Information
Stock Price$62.725
Cash$1,000M
Market Capitalization$9,408.75M
Shares Outstanding150M
Debt$0

◦ 5.63%
◦ 7.47%
◦ 8.48%
◦ 10.63%
◦ 11.83%
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by jerry coleman on Apr 25, 2021

ecabral0

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jerry coleman

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

softEldritch

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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