A company has the following information: 2014 share repurchase plan of $4 billion Average share price of $60 for the year 2013 Expected EPS growth for 2014 of 10% What should the number of shares repurchased by the company be in your financial model?
Added by Jose Francisco B.
Step 1
First, we need to find out how much money the company will spend on share repurchases in 2014. According to the information given, the company has a share repurchase plan of $4 billion. Show more…
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