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			1 500 000
Number of shares			200 000
Expected market price per share after the dividend payment:			17
The company is considering 2 options:
Option 1 - repurchase share at a price of EUR 17
Evaluate the companys share price after the repurchase by calculating the EPS and estimated share price.
Option 2 - announce a 5 for 1 share split for its shareholders
Assuming that the company chose option 2, how many shares outstanding would the company have and what would be its EPS after the split?