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Intro Global Mickey Inc. has 23 million shares outstanding and a market capitalization of $1,704.76 million. The company plans to distribute $200 million to shareholders
Intro Global Mickey Inc. has 23 million shares outstanding and a market capitalization of $1,704.76 million. The company plans to distribute $200 million to shareholders by repurchasing its own shares at the current market price. Assume perfect capital markets (ignore taxes and signalling effects). What should be the stock price right after the repurchase? 0+ decimals Submit
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