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A company has 7 5 , 0 0 0 shares of common stock outstanding if the firm decides to spend the $ 2 2 5

A company has 75,000 shares of common stock outstanding if the firm decides to spend the $225,000 to pay a one-time dividend, stock price after dividend is $90. If the firm decides to spend $225,000 on a share repurchase program rather than pay dividends, what is the new number of the shares? (ignore tax)
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