ghare be after the repurchase? Ignoring tax effects, show how the share repurchase is effectively the same as a cash dividend. stock Dividends [LO3] The market value balance sheet for Bobaflex Manufac1. furing is shown here. The company has declared a 25 percent stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 12,000 shares of stock outstanding. What will the