Answer:
$14.32
Step-by-step explanation:
Note: See below for attached picture for the question
Market Capitalization = Total outstanding shares * Last closing price of share
Market Capitalization = 2,679,391*$86.73
Market Capitalization = $232,383,581.43
Earning Per share = Profit after tax and Dividend / Total outstanding shares
Earning Per share = $26,054,226 / 2,679,391
Earning Per share = $9.72
The EPS when profits are increased by 10% ans shares are bought back is calculated as follows:
New profits = $26,054,226 + (10%*$26,054,226)
New profits = $26,054,226 + $2,605,422.60
New profits = $28,659,648.60
Total outstanding shares = 2,679,391 - 679,391
Total outstanding shares = 2,000,000
EPS = New profits / Total outstanding shares
EPS = $28,659,648.60/2,000,000
EPS = $14.32