Dungeoness Corporation has excess cash of $$2,600$ that it would like to distribute to shareholders through a share repurchase. Current earnings are $$1\mathrm{.}2$ per

share, and the stock currently sells for $$37$ per share. There are $290$ shares outstanding. Ignore taxes and other imperfections.

If Dungeoness Corp. goes with the share repurchase, what will the price per share be$?$ How many shares will they buy in the repurchase? What are earnings

per share $($EPS$)$ and the price earnings $($P$/$E$)$ ratio? Enter your answers rounded to $2$ DECIMAL PLACES.

Price per share $=$

Number of shares repurchased $=$

Earnings per Share $=$

Price earnings $(\frac{P}{E})$ ratio $=$