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Book value of common stockholders equity of FedEx, May 3 1 , 2 0 2 0 ( figures in $ millions ) Common shares (
Book value of common stockholders equity of FedEx, May figures in $ millions
Common shares $ par value per share $
Additional paidin capital
Retained earnings
Treasury shares at cost
Other
Net common equity $
Note:
Authorized shares millions
Issued shares, of which:
Outstanding shares
Treasury shares
Required:
Suppose that FedEx now issues million shares at $ a share. Update the table below with the new values.
What would happen to the book value of common stockholders equity if instead FedEx bought back million shares at $ per share?
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