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Headland Corporation began its latest fiscal year on January 1, 2021, with 460,000 common shares outstanding. During the year, the following events occurred: On February
Headland Corporation began its latest fiscal year on January 1, 2021, with 460,000 common shares outstanding. During the year, the following events occurred:
On February 1, Headland sold 15,600 additional common shares. | ||
The company declared and issued a 25% stock dividend on March 1. | ||
On June 1, Headland repurchased and cancelled 3,900 common shares. | ||
An additional 4,700 common shares were issued on July 1. | ||
On September 1, Headland declared and issued a three-for-one stock split. | ||
On December 1, Headland issued an additional 13,800 shares. | ||
Following the fiscal year, Headland declared and issued a two-for-one stock split on February 1, 2022. |
The company issued its 2021 financial statements on April 30, 2022. Calculate the weighted average number of common shares that Headland should use for calculating its EPS numbers for 2021.
Weighted average number of common shares is? |
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