Assume that Omicron uses the entire $50 million to repurchase shares.The number of shares that Omicron will have outstanding following the repurchase is closest to:

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C) Enterprise Value - PV(Future FCF) = 11ea7e5a_6ecf_f4c2_9a0a_a341f20d2875_TB1623_11 = $400 million
Market value = Enterprise Value + cash = $400 + $50 = $450 million
Share price = 11ea7e5a_6ecf_f4c3_9a0a_232849c8011e_TB1623_11 = 11ea7e5a_6ecf_f4c4_9a0a_4bdffb6a4b09_TB1623_11 = $45.00
Number of shares repurchased = 11ea7e5a_6ecf_f4c5_9a0a_4558915148ff_TB1623_11 = 1,111,111 shares
Shares outstanding = 10 million - 1,111,111 = 8,888,889 shares

Assume That Omicron Uses the Entire $50 Million to Repurchase