Stockholders' Equity (Notes)

3 Months Ended

Dec. 31, 2022

Stockholders' Equity Note [Abstract]

Stockholders' Equity

STOCKHOLDERS’ DEFICIT

On May 23, 2022, the Company’s Board of Directors approved a $50.0 share repurchase authorization with respect to shares of BellRing Common Stock (the “Prior Authorization”). On December 5, 2022, the Company’s Board of Directors approved a new $50.0 share repurchase authorization with respect to shares of BellRing Common Stock (the “New Authorization”).

The following table summarizes the Company’s repurchases of BellRing Common Stock during the three months ended December 31, 2022.

Shares repurchased (in millions)	1.8
Average price per share including broker’s commissions	$	23.34
Total cost including broker’s commissions	$	41.2

The following table summarizes the Company’s repurchases of Old BellRing Class A Common Stock during the three months ended December 31, 2021.

Shares repurchased (in millions)	0.8
Average price per share including broker’s commissions	$	23.36
Total cost including broker’s commissions	$	18.1

In connection with the Spin-off, 0.8 million shares of Old BellRing Class A Common Stock held in treasury stock immediately prior to the Merger effective time were cancelled pursuant to the Transaction Agreement. The Company’s prior share repurchase authorization approved in fiscal 2021 for Old BellRing Class A Common Stock was no longer applicable subsequent to the Spin-off.