During fiscal year 2011, Dell repurchased 57 million shares on the market for $800 million. There were
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During fiscal year 2011, Dell repurchased 57 million shares on the market for $800 million. There were 1,957 million shares outstanding prior to the repurchase. What was the effect of the repurchases on the per-share price of Dell's stock?
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There is no effect on the price per share at the date of repurchase The total value of the company p...View the full answer
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Related Book For 
Financial Statement Analysis and Security Valuation
ISBN: 978-0078025310
5th edition
Authors: Stephen Penman
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