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Shareholders equity 12/31/2024 12/31/2023 Common stock, $5 par; 26 million shares authorized; 21 million shares issued and 15 million shares outstanding at 12/31/2024; and _____________blank
Shareholders equity | 12/31/2024 | 12/31/2023 | ||
---|---|---|---|---|
Common stock, $5 par; 26 million shares authorized; 21 million shares issued and 15 million shares outstanding at 12/31/2024; and _____________blank million shares issued and _____________blank shares outstanding at 12/31/2023. | $ 105 | million | $ 75 | million |
Additional paid-in capital on common stock | 526 | million | 395 | million |
Retained earnings | 203 | million | 163 | million |
Treasury common stock, at cost, 6 million shares at 12/31/2024 and 4 million shares at 12/31/2023 | (89 | million) | (37 | million) |
Total shareholders equity | $ 745 | million | $ 596 | million |
What was the average price of the additional treasury shares purchased by Levi during 2024?
Note: Round your answer to 2 decimal places.
$26.00 per share
$14.83 per share
$9.25 per share
None of these answer choices are correct.
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