开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

曲轩宏 · 2022年01月17日

老师请问下行权后公司一定会回购么

NO.PZ2016012101000066

问题如下:

Cell Services Inc. (CSI) had 1,000,000 average shares outstanding during all of 2009. During 2009, CSI also had 10,000 options outstanding with exercise prices of $10 each. The average stock price of CSI during 2009 was $15. For purposes of computing diluted earnings per share, how many shares would be used in the denominator?

选项:

A.

1,003,333.

B.

1,006,667.

C.

1,010,000.

解释:

A is correct.

With stock options, the treasury stock method must be used. Under that method, the company would receive $100,000 (10,000 × $10) and would repurchase 6,667 shares ($100,000/$15). The shares for the denominator would be:

 解析:考点是diluted EPS分母的计算。①当年在外发行的股份数= 1,000,000。②由于option行权价低于股票平均价,我们判断会行权,因此期权行权增加了10,000股股份。③但是公司也拿到融资$100,000,再用这些钱按照平均价回购股票,回购份数=$100,000/$15=6667,分母= 1,000,000+10,000-6667=1,003,333。

老师,您好,option被执行后,公司收到钱,这里为什么公司一定要去回购股票?这是固定的么?还是怎么理解或记忆呢 谢谢老师
1 个答案
已采纳答案

Kiko_品职助教 · 2022年01月17日

嗨,努力学习的PZer你好:


公司不一定回购股票的,他可能会用来投资别的,但你如果这样想就复杂化了,我们没办法进行计算了,所以这只是我们的一个简单假设,我们就假设公司拿着这笔钱去以市场平均价格回购了自己公司的股票。

----------------------------------------------
就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

  • 1

    回答
  • 0

    关注
  • 459

    浏览
相关问题

NO.PZ2016012101000066问题如下Cell Services In(CSI) h1,000,000 average shares outstanng ring all of 2009. ring 2009, CSI also h10,000 options outstanng with exercise prices of $10 each. The average stopriof CSI ring 2009 w$15. For purposes of computing luteearnings per share, how many shares woulusein the nominator?A.1,003,333.B.1,006,667.C.1,010,000.A is correct.With stooptions, the treasury stomethomust use Unr thmetho the company woulreceive $100,000 (10,000 × $10) anwoulrepurchase 6,667 shares ($100,000/$15). The shares for the nominator woulbe: 解析考点是luteEPS分母的计算。①当年在外发行的股份数= 1,000,000。②由于option行权价低于股票平均价,我们判断会行权,因此期权行权增加了10,000股股份。③但是公司也拿到融资$100,000,再用这些钱按照平均价回购股票,回购份数=$100,000/$15=6667,分母= 1,000,000+10,000-6667=1,003,333。老师,这里的option 和warrant 的处理是一样的吗?

2023-08-29 19:22 1 · 回答

NO.PZ2016012101000066 问题如下 Cell Services In(CSI) h1,000,000 average shares outstanng ring all of 2009. ring 2009, CSI also h10,000 options outstanng with exercise prices of $10 each. The average stopriof CSI ring 2009 w$15. For purposes of computing luteearnings per share, how many shares woulusein the nominator? A.1,003,333. B.1,006,667. C.1,010,000. A is correct.With stooptions, the treasury stomethomust use Unr thmetho the company woulreceive $100,000 (10,000 × $10) anwoulrepurchase 6,667 shares ($100,000/$15). The shares for the nominator woulbe: 解析考点是luteEPS分母的计算。①当年在外发行的股份数= 1,000,000。②由于option行权价低于股票平均价,我们判断会行权,因此期权行权增加了10,000股股份。③但是公司也拿到融资$100,000,再用这些钱按照平均价回购股票,回购份数=$100,000/$15=6667,分母= 1,000,000+10,000-6667=1,003,333。 10000哪里来的,,题目看不出

2023-01-04 16:25 1 · 回答

NO.PZ2016012101000066 问题如下 Cell Services In(CSI) h1,000,000 average shares outstanng ring all of 2009. ring 2009, CSI also h10,000 options outstanng with exercise prices of $10 each. The average stopriof CSI ring 2009 w$15. For purposes of computing luteearnings per share, how many shares woulusein the nominator? A.1,003,333. B.1,006,667. C.1,010,000. A is correct.With stooptions, the treasury stomethomust use Unr thmetho the company woulreceive $100,000 (10,000 × $10) anwoulrepurchase 6,667 shares ($100,000/$15). The shares for the nominator woulbe: 解析考点是luteEPS分母的计算。①当年在外发行的股份数= 1,000,000。②由于option行权价低于股票平均价,我们判断会行权,因此期权行权增加了10,000股股份。③但是公司也拿到融资$100,000,再用这些钱按照平均价回购股票,回购份数=$100,000/$15=6667,分母= 1,000,000+10,000-6667=1,003,333。 老师好,我这道题虽然做对了,但是关于“option行权价低于股票平均价,我们判断会行权”这个点还不是很理解。上课听老师讲的原因还是有点没明白,为什么低于市场平均价行权但是高于市场平均价就不行权,可以再详细说说吗?

2022-10-25 01:43 2 · 回答

NO.PZ2016012101000066问题如下Cell Services In(CSI) h1,000,000 average shares outstanng ring all of 2009. ring 2009, CSI also h10,000 options outstanng with exercise prices of $10 each. The average stopriof CSI ring 2009 w$15. For purposes of computing luteearnings per share, how many shares woulusein the nominator? A.1,003,333. B.1,006,667. C.1,010,000. A is correct.With stooptions, the treasury stomethomust use Unr thmetho the company woulreceive $100,000 (10,000 × $10) anwoulrepurchase 6,667 shares ($100,000/$15). The shares for the nominator woulbe: 解析考点是luteEPS分母的计算。①当年在外发行的股份数= 1,000,000。②由于option行权价低于股票平均价,我们判断会行权,因此期权行权增加了10,000股股份。③但是公司也拿到融资$100,000,再用这些钱按照平均价回购股票,回购份数=$100,000/$15=6667,分母= 1,000,000+10,000-6667=1,003,333。前提是一个option兑换一股

2022-03-13 23:11 1 · 回答