Compute number of shares

Using one-half of the most recent cash and cash equivalents reported on the balance sheet (in thousands of dollars), compute the following:

a. The number of shares that would be repurchased given the current market price.

b. The dividend per share that could be paid given the total number of shares outstanding.

Suppose the stock of Host Hotels & Resorts is currently trading for $20 per share.

a. If Host issues a 20% stock dividend, what would its new share price be?

b. If Host does a 3:2 stock split, what would its new share price be?


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