Stock Repurchase

A firm has $10$ million shares outstanding with a market price of $$25$ per share. The firm has $$15$ million in extra cash $($shortterm investments$)$ that it plans to use in a stock repurchase; the firm has no other financial investments or any debt. What is the firm's value of operations after the repurchase? Enter your answer in millions. For example, an answer of $$1$ million should be entered as $1,$ not $1,000,000.$ Round your answer to the nearest whole number.

$ million

How many shares will remain after the repurchase? Round your answer to the nearest whole number.

shares