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AMC Corporation currently has an enterprise value of $360 million and $115 million in excess cash. The firm has 10 million shares outstanding and no

AMC Corporation currently has an enterprise value of $360 million and $115 million in excess cash. The firm has 10 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 AMCs enterprise value to either $560 million or $160 million. What is AMCs share price after repurchase if its enterprise value goes up. And what is AMCs share price after the repurchase of its enterprise value declines

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