In: Finance
Suppose Bellwood Corp. has 52,000 shares outstanding. The price of the company's stock is $63.55 per share. Bellwood Corp.'s EPS is $3.55. Total assets is $360,000 and total liabilities is $206,000. Just now, Bellwood Corp. announced a share repurchase for $115,000 of the firm's stock. What is the EPS after the shares are repurchased?