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Shareholders' Equity
9 Months Ended
Jun. 29, 2019
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Shareholders' Equity
On February 14, 2018, the Board of Directors approved a stock repurchase plan under which the Company is authorized to repurchase $200.0 million of its common stock (the "2018 Program"). The 2018 Program commenced upon completion of the 2016 Program, as defined below. During the three months ended June 29, 2019, the Company repurchased 784,493 shares for $44.4 million, at an average price of $56.61 per share. During the nine months ended June 29, 2019, the Company repurchased 2,646,125 shares for $150.7 million, at an average price of $56.95. As of June 29, 2019$28.1 million of authority remained under the 2018 Program.
On June 6, 2016, the Board of Directors authorized a multi-year stock repurchase program under which the Company was authorized to repurchase up to $150.0 million of its common stock beginning in fiscal 2017 (the "2016 Program"). During the three months ended June 30, 2018, the Company repurchased 947,685 shares for $56.7 million, at an average price of $59.81 per share. During the nine months ended June 30, 2018, the Company repurchased 1,619,094 shares for $97.8 million, at an average price of $60.43 per share under the 2016 Program.
All shares repurchased under the aforementioned programs were recorded as treasury stock.