weighted average number of shares
Assume IFRS unless otherwise stated.
An analyst gathered the following information about a company:
1 Jan: Shares outstanding 1,000,000
1 April: 3 for 1 stock split
1 July: Shares issued 500,000
1 August: 25% stock dividend
1 Oct: Shares repurchased 300,000
31 Dec: Number of shares outstanding 4,075,000
The weighted average number of ordinary shares that will be used in the calculation of basic EPS is closest to:
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