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Titan Industries has 217M shares outstanding. Expects earnings in the upcoming year to total $860M. Plans to pay out $258M as dividends and repurchase $172M
Titan Industries has 217M shares outstanding. Expects earnings in the upcoming year to total $860M. Plans to pay out $258M as dividends and repurchase $172M worth of shares Earnings growth is expected to be 7.5% per year and payout rates will remain constant. Titans cost of capital is 10%. How much is a share of Titan worth today?
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