A company wants to raise $580 million in a new stock issue. Its investment banker indicates that the sale of new stock will require 9 percent underpricing and a 8 percent spread. (Hint: the underpricing is 9 percent of the current stock price, and the spread is 8 percent of the issue price.) Assuming the company's stock price does not change from its current price of $83 per share, what would be the issue price to the public after underpricing? How many shares would the company need to seli? Note: Round intermediate calculations to 2 decimal places.