Using the Statement of Stockholders’ equity, the amount that…
Using the Statement of Stockholders’ equity, the amount that IBM paid to repurchase shares and the number of shares repurchased is shown for each year 2014-2016. Note that dollars are shown in millions whereas shares are the actual amounts and not shown in millions. Using only the “Other treasury shares purchased, not retired,” the average amount IBM paid to repurchase its shares in 2016 was about $148 per share and in 2015 was $155 per share for. How much on average did IBM pay for its shares during 2014?
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