Exercise 4. A company is planning to pay EUR 1 million in dividend to its common shareholders this year. Enclosed the following earnings and market price information for the company: Net income 1,500,000 200,000 Number of shares Expected market price per share after the dividend pa 17 The company is considering 2 options: Option 1 - repurchase share at a price of EUR 17 Evaluate the company's share price after the repurchase by calculating the EPS and estimated share price. Option 2 - announce a 5 for 1 share split for its shareholders Assuming that the company chose option 2, how many shares outstanding would the company have and what would be its EPS after the split? Exercise 4. A company is planning to pay EUR 1 million in dividend to its common shareholders this year. Enclosed the following earnings and market price information for the company: Net income 1,500,000 200,000 Number of shares Expected market price per share after the dividend pa 17 The company is considering 2 options: Option 1 - repurchase share at a price of EUR 17 Evaluate the company's share price after the repurchase by calculating the EPS and estimated share price. Option 2 - announce a 5 for 1 share split for its shareholders Assuming that the company chose option 2, how many shares outstanding would the company have and what would be its EPS after the split