Given:

Stock Dividend Rate = 400% 

Previous Outstanding Shares = 2,655,494,000 

Previous Closing Price = 74.00 

Outstanding Shares

1. Based on the given information 

Previous Outstanding Shares                                 2,655,494,000 

Multiply: (1+ Stock Dividend Rate) (1+400%).            5 

Computed Outstanding Shares                            13,277,470,000

Adjusted Outstanding Shares                           13,277,470,000 

2. If the number of shares approved by the Securities and Exchange Commission (SEC) to cover stock dividends declared is given: 

Previous Outstanding Shares                                            2,655,494,000 

Add: Number of Shares Approved by SEC                 10,621,976,000 

Computed Outstanding Shares                                        13,277,470,000 

3. Closing Price 

Previous Closing Price                                                    74.00 

Divide: (1+Stock Dividend Rate) (1+400%)                  5 

Computed Closing Price                                                 14.80 

Adjusted Closing Price                                                 14.80 

Based on the Board Lot Table, the minimum fluctuation is 0.0200 for prices ranging from 10 to 19.98.