XML 55 R23.htm IDEA: XBRL DOCUMENT v3.25.3
Shareholders' Equity
12 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Shareholders' Equity
At September 30, 2025, there were 300.0 shares of the Company’s common stock authorized, of which 2.4 shares were reserved for outstanding awards under the 2018, 2009 and 2000 Plans. The Company’s Amended and Restated Articles of Incorporation authorize it to issue up to 10.0 shares of $0.01 par value preferred stock. As of September 30, 2025, there were no shares of preferred stock issued or outstanding.
Share Repurchases
During fiscal 2025, the Company repurchased 2.8 shares of common stock, all of which were purchased under the January 2018 Board share repurchase authorization for $90.2 and had 0.2 shares of its common stock available for repurchase in the future under the Board’s authorization as of September 30, 2025. Additionally, 0.2 shares were purchased related to the surrender of shares of common stock to satisfy tax withholding obligations in connection with the vesting of RSEs.
Since September 30, 2025, the Company repurchased no shares of common stock under the share repurchase Board authorization from January 2018 which allows the repurchase of up to 10.0 shares.
On November 13, 2025, the Board approved an authorization to repurchase for up to $100.0, superseding the previous share repurchase authorization from January 2018, when the Board approved an authorization to repurchase up to 10.0 shares of the Company's common stock. The full $100.0 authorized by the Board in November 2025 is available for future share repurchases. Any future share repurchases would be made in the open market, privately negotiated transactions or otherwise, in such amounts and at such times as the Company deems appropriate based upon prevailing market conditions, business needs and other factors.
Dividends
The following is a summary of cash dividends paid and declared per share on the Company’s Common Stock during the year ended September 30, 2025:
Date DeclaredRecord DatePayable DateAmount Per Share
August 6, 2024September 4, 2024October 3, 2024$0.15 
October 31, 2024December 3, 2024January 8, 2025$0.15 
February 6, 2025March 5, 2025April 9, 2025$0.15 
May 7, 2025June 6, 2025July 9, 2025$0.15 
August 5, 2025September 4, 2025October 8, 2025$0.15 
On November 13, 2025, the Board declared a quarterly cash dividend of $0.15 per share of common stock for the fourth fiscal quarter of 2025. The dividend will be paid on January 8, 2026 to shareholders of record as the close of business on December 3, 2025.
Dividends declared during fiscal 2025 totaled $28.8. Payments made for dividends during fiscal 2025 totaled $29.3.