Weighted Average Oustanding Common Shares
Outstanding Equity Shares on 1st January 2018 = 500 million
Less: Buyback of Outstanding Shares on 1st March 2018 = 60 million = 60 million *10/12 = 50 million
Outstanding after buyback = 500 million - 50 million = 450 million
Stock Dividend on 1st July = 6%
Stock Dividend Multiplier = 450 million * 1.06 = 477 million
New Shares Sold = 4 million on 1st October = 4 million * 3/12 = 1 million
Total Shares Outstanding at the end of the year 2018 = 477 million + 1 million = 478 million
Income for the year 2018 = $1150 million
Basic earning per share = 1150/478 = $ 2.40 per share
Diluted Earning per Share
Potential Shares = Total Options - (Total Oprions * Excercise Price/Average Market Price) = 90 million - (90 million * 78/90) = 12 million
Diluted Outstanding Shares = 478 million + 12 million = 490 million
Diluted Earnings per Share = 1150/490 = $2.35 per share
On December 31, 2017, Berclair Inc. had 500 million shares of common stock and 23 million...
On December 31, 2017, Berclair Inc. had 500 million shares of common stock and 22 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 30 million shares of its common stock as treasury stock. Berclair issued a 4% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $1,100 million. Also outstanding at December...
On December 31, 2017, Berclair Inc. had 500 million shares of common stock and 22 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 30 million shares of its common stock as treasury stock. Berclair issued a 4% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $1,100 million. Also outstanding at December...
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On December 31, 2017, Berclair Inc. had 300 million shares of common stock and 9 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $450 million. Also outstanding at December...
On December 31, 2017, Berclair Inc. had 600 million shares of common stock and 16 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 30 million shares of its common stock as treasury stock. Berclair issued a 4% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $800 million. Also outstanding at December...
On December 31, 2017, Berclair Inc. had 500 million shares of common stock and 19 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 120 million shares of its common stock as treasury stock. Berclair issued a 4% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $950 million. Also outstanding at December...
On December 31, 2017, Berclair Inc. had 500 million shares of common stock and 20 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1. 2018, Berclair purchased 60 million shares of its common stock as treasury stock. Berclair issued a 6% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $1,000 million Also outstanding at December...
On December 31, 2017, Berclair Inc. had 540 million shares of common stock and 4 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $900 million. The income tax rate...
On December 31, 2017, Berclair Inc. had 520 million shares of common stock and 3 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $850 million. The income tax rate...