The Alpaca Corporation made an announcement this morning that it plans to buy back $59,000 worth of shares of its common stock. As of this morning, the Alpaca Corporation has 390,000 shares outstanding, and each share is traded for $46.40. Once the Alpaca Corporation repurchases the shares, the per-share price will equal Multiple Choice $46.55 $46.40 $46.25 $40.47 $43.51