Question

8. You invest $3,756.00 and buy 100 shares of a company's stock. Their value increases by 12%. How much is each share worth?

I don't remember the formula to solve this, can someone help?

Answer 1

Since a share repurchase reduces a company's outstanding shares, its biggest impact is evident in per-share measures of ... ($50 million/100 million shares outstanding) in the preceding 12 months, ... If the stock continues to trade at a P/E multiple of 20, the share price would now be $11.20

Answer 2

Thank you so much! I understand it now :)