anyone know how either of the following are derived… - the earnings of $6.6m - the total # of shares outstanding after buyback of 2m thanks!!
these #'s look familiar. is this a share repurchase example question in corp fin of the cfai book? if i recall correctly, I think you are referring to the same question i had a couple days ago. check out this thread for the discussion. http://www.analystforum.com/phorums/read.php?11,628170
spot on - same issue - v. frustrating - no wonder companies like shweser exist to arbitrage the profit opportunity of crappy examples and explanations… thx!