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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2024
Shareholders' Equity [Abstract]  
Summary of Share Repurchases

The following is a summary of the Company’s share repurchases:

For the three months

For the nine months

ended September 30,

ended September 30,

2024

2023

2024

2023

Total number of shares purchased (in millions) (1)

0.4

0.9

0.4

Average price per share (1)

$

$

197.75

$

213.85

$

197.75

Total purchase price (in millions) (1)

$

$

87.3

$

200.0

$

87.3

(1)Amounts reflected are based on the trade date and may differ from the Consolidated Statements of Cash Flows which reflects share repurchases based on the settlement date.

Schedule of Dividends Paid and Dividends Declared

For the nine months ended September 30, 2024, the Company paid the following cash dividends:

Payable to Shareholders

of Record at the Close

Cash Paid

Aggregate Amount

Date Declared

of Business on

Per Share

Paid

Date Paid

February 26, 2024

March 14, 2024

$0.98

$108.1 million (1)

March 28, 2024

April 29, 2024

May 23, 2024

$0.98

$105.3 million

June 18, 2024

July 28, 2024

August 22, 2024

$0.98

$105.3 million

September 18, 2024

(1)Amount reflected includes the payment of $1.9 million in dividend equivalents.

Dividends paid in 2024 were ordinary taxable dividends.

Subsequent to September 30, 2024, the Company declared the following cash dividends:

Payable to Shareholders

Cash to

of Record at the Close

be Paid

Date Declared

of Business on

Per Share

Date to be Paid

October 27, 2024

November 14, 2024

$0.98

December 12, 2024