please solve this Question ABC Corporation has the following financial information:• Current market price per share: $50• Number of outstanding shares: 1,000,000•Company plans to repurchase 100,000 shares•Current Price-to-Earnings (P/E) ratio: 10⚫ Current Earnings per Share (EPS): $5What will be the new EPS after the share repurchase, assuming total earnings remain constant?a) $5.56b) $5.25c) $4.75d) $5.00

The problem requires the determination of the EPS. Earnings per share (EPS) is a company's net…

Answered: ABC Corporation has the following…

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter14: Distributions To Shareholders: Dividends And Repurchases

Section: Chapter Questions

Problem 2STP

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Please Solve this Question i need answer what is the earning per share after the repurchase ?
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