Shatin Intl. has $9\mathrm{.}8$ million$$ shares, an equity cost of capital of $12\mathrm{.}8\%$ and is expected to pay a total dividend of $$$$19\mathrm{.}1$ million each year forever. It announces that it will increase its payout to shareholders. Instead of increasing its$$ dividend, it will keep it constant and will start repurchasing $$$$10\mathrm{.}3$ million of stock each year as well. What is your estimate of$$ Shatin's stock price after this$$ announcement?