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COMMON STOCK (Tables)
12 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Common stock outstanding
Information about the Company’s common stock outstanding is as follows:
(Shares in thousands)Class AClass B
Balance at June 30, 2021233,517.4 128,242.0 
Acquisition of treasury stock(1)
(7,393.6)— 
Conversion of Class B to Class A2,700.0 (2,700.0)
Stock-based compensation2,689.7 — 
Balance at June 30, 2022231,513.5 125,542.0 
Acquisition of treasury stock(1)
(1,220.7)— 
Stock-based compensation1,785.1 — 
Balance at June 30, 2023232,077.9 125,542.0 
Acquisition of treasury stock(1)
(316.5)— 
Stock-based compensation1,385.2 — 
Balance at June 30, 2024233,146.6 125,542.0 
(1)In fiscal 2022 and 2023, these amounts represent shares repurchased under our authorized share repurchase program, as well as shares repurchased to satisfy tax withholding obligations upon the payout of certain stock-based compensation arrangements. In fiscal 2024, these amounts represent shares that were repurchased by the Company to satisfy tax withholding obligations upon the payout of certain stock-based compensation arrangements.
Summary of cash dividends per share
The following is a summary of cash dividends declared per share on the Company’s Class A and Class B Common Stock during the year ended June 30, 2024:
Date DeclaredRecord DatePayable DateAmount per Share
August 17, 2023August 31, 2023September 15, 2023$.66 
October 31, 2023November 30, 2023December 15, 2023$.66 
February 2, 2024February 29, 2024March 15, 2024$.66 
April 30, 2024May 31, 2024June 17, 2024$.66