A Ltd. had 1,50,000 shares of common stock outstanding on 1 April, 2024. Additional 50,000 shares were issued on 1 November, 2024 and 32,000 shares…

CA Intermediate · Advanced Accounting · MTP · January 2026
A Ltd. had 1,50,000 shares of common stock outstanding on 1 April, 2024. Additional 50,000 shares were issued on 1 November, 2024 and 32,000 shares were bought back on 1 February, 2025. Calculate the weighted average number of shares outstanding at the year ended on 31 March, 2025 is:
(A) 1,34,500 shares
(B) 1,65,500 shares
(C) 1,76,167 shares
(D) 1,23,833 shares

Suggested Answer and Working Notes:

Correct Answer: Option (B)

1,65,500 shares

Topics: Buyback of Securities

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