shares were issued and million shares were outstanding.
The stockholders' equity accounts at January had the following beginning balances $ millions
During the year, Haywood had the following transactions.
On February issued at $ per share, shares of $ par value, cumulative preferred stock.
On March reacquired shares of its common stock for $ per share for the treasury.
On March declared a semiannual cash dividend on common stock of cents per share, payable on April to stockholders of record on April
On May when the market price of the common stock was $ per share, declared a stock dividend distributable on July to stockholders of record on June
share.
October
Net income for the year was million.
