southern railroad has announced a $4,400,000 stock repurchase plan over the next month. The current price of southern railroad stock is $19.84 per share and 17,000,000 shared are outstanding. how many shares is southern expecting to buy? what is the cash dividend that the company could pay with the repurchase money? if you were a shareholder with 1100 shares, how many shared would you need to sell back to get cash equivalent to this dividend?

If you were in sharehelder with 1100 thares, how mary shases woulf you need to sell back lo get cash equevalerit to this dividene? Haw many shares is Southere expecting to buy? thares (Round to the nearest whole number)