A company is planning to pay EUR 1 million in dividend to its common shareholders this year. Enclosed the following earnings and market price information for the company:

Net income 3.500.000

Number of shares 250.000

Expected market price per share after the dividend payment: 70

Option A - repurchased shares at a price of EUR 70, evaluate the companys share price after the repurchase by calculating the EPS and estimated share price.

Option B - announce a 2 for 1 share split for its shareholders, assuming that the company chose option B, how many shares outstanding would the company have and what would be its EPS after the split?