Stock repurchase plan. Southern Railroad has announced a $5,000,000 stock repurchase plan over the next month. The current price of Southern Rairoad stock is $18.50 per share, and 15,000,000 shares are outstanding. How many shares is Southem expecting to buy? What is the cash dividend that the company could pay with the repurchase money? If you were a shareholder with 600 shares, how many shares would you need to sell back to get cash equivalent to this dividend? How many shares is Southem expecting to buy? shares (Round to the nearest whole number)