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Business, 07.05.2021 15:30 dooboose15

As a result, St. Sebastian’s management is considering making a share repurchase transaction in which it would buy back 75,000 shares of its outstanding shares in the open market by paying the current market share price. Assume that the repurchase transaction will have no effect on either the company's net income or its price-to-earnings (P/E) ratio. What is St. Sebastian's expected stock price after the stock repurchase transaction?

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As a result, St. Sebastian’s management is considering making a share repurchase transaction in whic...
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