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Bridgeport SA uses a calendar year for financial reporting. The company is authorized to issue 8,210,000 R$ 12 par ordinary shares. At no time has
Bridgeport SA uses a calendar year for financial reporting. The company is authorized to issue 8,210,000 R$12 par ordinary shares. At no time has Bridgeport issued any potentially dilutive securities. Listed below is a summary of Bridgeports ordinary share activities.
1. | Number of ordinary shares issued and outstanding at December 31, 2021 | 2,040,000 | ||
2. | Shares issued as a result of a 12% share dividend on September 30, 2022 | 244,800 | ||
3. | Shares issued for cash on March 31, 2023 | 1,870,000 | ||
Number of ordinary shares issued and outstanding at December 31, 2023 | 4,154,800 | |||
4. | A 2-for-1 share split of Bridgeports ordinary shares took place on March 31, 2024 |
Compute the weighted-average ordinary shares to be used in computing earnings per ordinary share for 2024 on the 2024 comparative income statement.
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