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Simmons Mineral Operations, Incorporated ( SMO ) , currently has 1 5 2 , 0 0 0 shares of stock outstanding that sell for $
Simmons Mineral Operations, Incorporated SMO currently has shares of stock outstanding that sell for $ per share. Assume no market imperfections or tax effects exist.
a What will the share price be after SMO has a eightforfour stock split?
New share price
b What will the share price be after SMO has a percent stock dividend?
c What will the share price be after SMO has a stock dividend?
d What will the share price be after SMO has a sixfournine reverse stock split?
a Determine the new number of shares, outstanding and requirement a
b Determine the new number of shares outstanding in requirement b
c Determine the new number of shares outstanding in requirement c
d Determine the new number of shares outstanding in requirement d
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