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Dye Trucking raised $280 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $8.5. If Dye
Dye Trucking raised $280 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $8.5. If Dye had 50 million shares of stock before the recap, how many shares does it have after the recap? Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Do not round intermediate calculations. Round your answer to two decimal places.
million shares
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