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ABC corporation became publicly traded company on 2020 and issue 10 million shares which has market price on the secondary market of 10 SAR per
ABC corporation became publicly traded company on 2020 and issue 10 million shares which has market price on the secondary market of 10 SAR per share. Assume it can issue up to 10 million shares, 5 million extra shares have been issued on 2021. Then, the corporation repurchase 1 million shares on 2022.
Answer the following:
a- (1.5 points) How many outstanding shares on 2020, 2021, 2022?
b- (1 points) How many issued shares on 2021, 2022?
c- (1 point) Did the company have Seasoned equity during this cycle? If yes how many shares and which year?
d- (1 point) How many authorized shares?
e- (1 point) How many treasury stocks on 2022?
f- (1.5 point) Calculate the cap market for this corporation on 2020?
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