After the recap dyes stock price is 800 if dye had 50


Dye Trucking raised $270 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $8.00. If Dye had 50 million shares of stock before the recap, how many shares (in millions) does it have after the recap?

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Finance Basics: After the recap dyes stock price is 800 if dye had 50
Reference No:- TGS02731934

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