Here are key financial data for House of Herring, Inc: Earnines per share for 2925 Number of shares outstanding Targ et payout ratio Planned dividend per share Stock price, year-end 29 25 $6.39 41.6 million 48 % $2.52 $ 130 House of Herring plans to pay the entire diidend early in January 2026. All corporate and personal taxes were repealed in 2024. a. Other things equal, what will be House of Herring's stock price after the planned duidend payout? (Round your answer to 2 decimal places.) -1. Suppose the company cancels the duidend and announces that it will use the money saved to repurchase shares. Will the stock price change due to the announcement? b-2. Assume that investors learn nothing about the company's prospects from the announcement. How many shares will the company need to repurchase? (Do not round Intermediate calculations. Round your answer to the nearest whole number.) Suppose that, instead of canceling the diidend, the company Inceases dvidends to $6.30 per share and then Issues new shares to recoup the extra cash paid out as duidends. Again, assume investors learn nothing from the announcement about House of Herring's prospeds. C-1. What happens to the with-dividend share price? C-2. What happens to the ex-dvidend share price? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) C-3. How many shares will need to be issued? (Do not round Intermediate calculations. Enter your answer in whole numbers not In millions. Round your answer to the nearest whole number.) a Stock price b-1 Will the stock price change due to the announcement? b-2. Number of shares c-1. With-dividend share price c-2. Ex-dividend share price c-3. Number of shares