Okay, we're gonna have a look at the impact on the key metrics of a return of capital to shareholders. And specifically, we're looking at a share buyback here. And the metrics we are looking at are return on equity, return on invested capital, and returning earnings per share. And it's not necessarily the case that everything is gonna change here as a result of this. So the capital returned is 25,000. And if we scroll down, we've got the balance sheet. So why don't we have a think about what would happen to each line item? Well, cash is gonna go down because we're buying back shares. Other assets are not gonna be affected when we think about debt. No impact on debt, no impact on other liabilities, but equity absolutely is gonna be impacted if we're undertaking a share buyback. If you think about it, treasury stock is a negative number that's gonna go up, that's gonna pull down equity. So there's the impact on the balance sheet, but let's now think about the income statement. So if we are buying back shares, I can't see that having any impact whatsoever on EBIT. EBIT should remain the same. When we think about net income, I think we could accept that if we're buying back shares, we'd be using cash. If we were using cash, we'd be forgoing interest post-tax would have an impact on net income. But we'll accept that that impact is gonna be so small that for simplification purposes, we'll ignore it. Now you wanna have to think about shares, the share count number. So if we are buying back shares, that's gonna go down. If we scroll further down, we've got a section for, for workings. So what we're gonna do is grab the P ratio before the transaction of 19 times and the earnings per share. So the product of the P ratio and the earnings per share will give us the, the share price before the transaction. Now, if we know that the capital return, which is being used for the share buyback is 25,000, then armed with the price before the transaction and the cash reviews for the buyback, we can calculate the shares bought back. So if we take 25,000 and define it by 1615, we get 1 5, 4, 8 0.0 shares bought back. Now we know that before the transaction, we had 20 thou, 20,000 shares. And so if we've bought back 1, 5, 4, 8, then after the transaction we should have 18 4 5, 2 shares. Let's just scroll up then and get back to our calculations above. So the share count number is now going to be 18 4 5 2. Now we're in a position where we can calculate earnings per share. Now this is gonna go up. It's gonna go up because although the net income we've assumed is gonna remain the same, the share count number has gone down significantly. So that, uh, Denominator has gone down significantly increasing our EPS. Let's think about the PE ratio. Well, the PE ratio previously was 19 times, but the EPS is gonna go up. So if the earnings per share is going up, then as a consequence, the P ratio is going to go down. Moving forward. Let's think about return on equity. Well, return on equity is gonna increase because of course we've just bought back a load of equity, so the denominator is going down, so therefore return on equity is going up. Return on invested capital. Don't think there was any impact on, on EBIT above. And if we think about invested capital, we've got debt and we've got equity, they're our sources of capital. And the capital's gone down a bit, but remember, equity's gone down and cash has gone down. So of our capital, some of it is uninvested, it's sitting as cash, and some of it is invested In the operational business, that's remained the same. So return on invested capital hasn't changed from 12.7 times. What about the earnings per share number? What, as we said previously, that's gone up.