E 3.11: Share Issues and Market Prices: Is Value Generated or Lost by Share Issues? a. XYZ Corporation had 158 million shares outstanding on January1, 2012.On February2, 2012, it issued an additional 30 million shares to the market at the market price of $55 per share. What was the effect of this share issue on the price per share? Total value of equity prior to issue = 158 million * $55 = $8.69B Value of Share issue =