High School

How much cash was paid to repurchase common stock during fiscal year 2023?

What was the average price paid per share?

Assume the company repurchased 36.9 million shares.

Answer :

Final answer:

The original question cannot be answered with the provided information, as there are no details given for the total cash paid or the average price per share for the stock repurchase in 2023. To calculate this, the average price per share would need to be multiplied by the number of shares repurchased.

Explanation:

To determine how much cash was paid to repurchase common stock during the fiscal year 2023, we need to know the total number of shares repurchased and the average price paid per share. However, the information provided does not give us the total cash paid for repurchasing stock in 2023 or the average price per share. Instead, several unrelated individual transactions and hypothetical scenarios are described, making it impossible to answer the original question with the information provided.

That said, if the average price per share and the total number of shares repurchased were known, the calculation would simply be the number of shares multiplied by the average price per share to get the total cash paid for the repurchase.

For example, if a company repurchased 36.9 million shares at an average price of $X, the total cash paid would be 36.9 million multiplied by $X. Additionally, scenarios involving companies like Babble, Inc. and individual stock transactions have been presented, but these do not directly relate to the calculation of cash paid to repurchase common stock unless specific prices and number of shares are given.