Question
Chubb Limited (ticker: CG) reports the following share repurchase activity for the last quarter of 2019: Total Number of Shares Month Purchased October November
Chubb Limited (ticker: CG) reports the following share repurchase activity for the last quarter of 2019: Total Number of Shares Month Purchased October November 703,200 December 677,600 654,400 Required: Average Price Paid per Share $153.65 $ 151.41 $ 153.84 1. Determine the financial statement effects of all share repurchases for the full quarter. 2. Assume Chubb resells 100,000 shares of treasury stock on December 31 for $150 per share. These shares relate to the shares repurchased In October. Determine the financial statement effects of this transaction. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the financial statement effects of all share repurchases for the full quarter. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the first account field. Assets Liabilities Balance Sheet Contributed Capital Income Statement Revenues Expenses Net Income Stockholders' Equity Retained Earnings Treasury Stock < Required 1 Required 2 >
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