Shares Remaining After Recapitalization:

Dye Trucking raised $210 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $8.5. If Dye had 40 million shares of stock before the recap, how many shares does it have after the recap? Do not round intermediate calculations. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places.