Buyback

	A	B	C	D
1	Start State
2	Net Profit	10000
3	No of shares	100
4	EPS	100
5	Cash with companies	25000
6	Share price	1000
7	Market cap	100000
8	P/E - Pre	10
9
10	Co. Name	A	B	C
11	Premium	10%	-25%	50%
12	Purchase Price	1100	750	1500
13	No of Shares being purchased	22	33	16
14	Shares remaining	78	67	84
15	EPS post purchase	128.21	149.25	119.05
16
17	P/E Post	7.8	6.7	8.4
18	EPS Normalization	28.21%	49.25%	19.05%
19
20	Assumption 1:	Company uses full cash to buy shares
21	Assumption 2:	In normal Market conditions EPS normalizes, in Bull market P/E Increases
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