What will be the new number of outstanding shares ? Accounting Brightwave Media had 50,000 outstanding shares, each trading at $25. The company repurchased5,000 shares at the market price. How does this stock buyback affect total shareholders' equity, andwhat will be the new number of outstanding shares?

Step 1: Definition of Stock Buyback and Its ImpactA stock buyback (treasury stock repurchase) occurs…

Answered: Brightwave Media had 50,000 outstanding…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter18: Initial Public Offerings, Investment Banking, And Capital Formation

Section: Chapter Questions

Problem 9MC

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Please Solve this Question i need answer what is the earning per share after the repurchase ?
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Brightwave Media had 50,000 outstanding shares, each trading at $25. The company repurchased 5,000 shares at the market price. How does this stock buyback affect total shareholders' equity, and what will be the new number of outstanding shares?