AMC Corporation currently has an enterprise value (EV) of $320 million and $110 million in excess cash. The firm has 25 million shares outstanding and no debt. Suppose AMC uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMC's enterprise value to either $520 million or $120 million. Suppose AMC waits until after the news comes out to do the share repurchase. What is AMC's share price after the repurchase if its enterprise value goes up? What is AMC's share price after the repurchase if its enterprise value declines?

The share price after the repurchase if its enterprise value goes up is $_____.

(Round to two decimal places.)