Post #10259 by AdrianC on the US Policy board

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No. of Recommendations: 2

1) Operating Earnings at 15X: $21,721m, divided by 2171m B-equivalent shares

I get 1437608 A shares, or 2156 million B shares.

Page 23
On an equivalent Class A common stock basis, there were 1,437,608 shares outstanding as of September 30, 2024

Page 1
Number of shares of common stock outstanding as of October 21, 2024:
Class A — 551,977
Class B — 1,328,446,516

Equivalent Class A common stock basis = 551,977 + 1,328,446,516/1500 = 1437608

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