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Niles Company granted 93 million of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. The common
Niles Company granted 93 million of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. The common shares have a market price of $16 per share on January 1, 2020, the grant date of the restricted stock award When calculating diluted EPS at December 31, 2021 what will be the net increase in the weighted average number of shares outstanding if the market price of the common shares averaged $16 per share during 2021? (Enter your answer in millions of shares (.e., 10,000,000 should be entered as 10).) Net Increase in the weighted average number of shares outstanding million shares
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