Shareholders' Equity

6 Months Ended

Jun. 26, 2020

Stockholders' Equity Note [Abstract]

Shareholders’ Equity

Our shareholders have authorized 50,000,000 preferred shares at $0.01 par value, of which none are issued or outstanding at June 26, 2020, and 200,000,000 ordinary shares at $0.01 par value, of which 47,340,692 are issued and outstanding at June 26, 2020.

On February 21, 2018, our Board of Directors approved a three-year stock repurchase program of up to $300.0 million of our ordinary shares. We have repurchased $58.3 million of ordinary shares, or 2,294,829 ordinary shares, under the aforementioned repurchase program and retired all the repurchased shares. As of June 26, 2020, we have a maximum dollar value of $241.7 million that we can purchase under the approved stock repurchase program.

Dividend activity is summarized as follows:


Six months ended
June 26, 2020
Dividend Date	Cash Dividend Declared, per Ordinary Share



June 5, 2020	$	0.050
March 27, 2020	$	0.100

We paid $7.2 million in dividends in the six months ended June 26, 2020 and no dividends were paid in the six months ended June 28, 2019.

Subsequent to the quarter ended June 26, 2020, there were no ordinary share repurchases. In addition, on July 28, 2020, our Board of Directors declared an interim cash dividend of five cents $0.05 per share, payable on September 4, 2020 to shareholders of record on August 12, 2020.