Multiple Choice
In June 2017, Newcastle Inc. announced a 3-for-1 stock split. On the split date, Newcastle had about 81.9 million shares outstanding.
After the split the number of shares outstanding was:
A) 245.7 million
B) 54.6 million
C) 27.3 million
D) 163.8 million
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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