A Firm Has 500 Stockholders, Each of Whom Own $100

A firm has 500 stockholders, each of whom own $100 in shares. If the firm uses $10,000 to repurchase shares, how many stockholders would remain, and what would be the value of
Their shares?

A) 400 shareholders would each own shares worth $100.
B) 400 shareholders would each own shares worth $120.
C) 500 shareholders would each own shares worth $80.
D) 400 shareholders would each own shares worth $80.