(Answered) Ac corporation currently has an enterprise value ev of

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AMC Corporation currently has an enterprise value? (EV) of $ 370, $120 million in excess cash. The firm has 10 million shares outstanding and no debt. Suppose AMC uses its excess cash to repurchase shares. After the share?repurchase, news will come out that will change? AMC's enterprise value to either $570 million or $170 million. What is? AMC's share price after the repurchase if its enterprise value goes? up? What is? AMC's share price after the repurchase if its enterprise value? declines?

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