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This video tutorial provides examples of recapitalization, focusing on calculating the number of shares remaining after a purchase. ABC company had $100 million in debt in 2018, raised $20 million in new debt in 2019 to buy back stocks. The stock price was $10 with 70 million shares outstanding before the recap. To calculate the number of shares after the recap, subtract the shares repurchased from the pre-recap shares. The formula used is Dnew - Dold / Pprior, where Dnew is the new debt raised in 2019, Dold is the debt in 2018, and Pprior is the stock price before the recap.