16 Share Repurchases MUG Company has a market capitalization of 1 billion and 20 million shares outstanding.

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16 Share Repurchases MUG Company has a market capitalization of £1 billion and 20 million shares outstanding.

Its board has decided to distribute £100 million to shareholders through a repurchase programme. How many shares will be repurchased?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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