TREASURY STOCK

The Board has authorized the Company to repurchase Common Stock, from time to time as conditions allow, on the open market or through negotiated private transactions.

The table below represents the current Board authorization:



	Amount
July 2015	50.0
Less repurchases made under the authorization as of February 28, 2017	(10.5		)
Remaining Board authorization at February 28, 2017	$	39.5

On July 22, 2015, the Board authorized $50.0 for the share buy-back program, to be funded with available cash. Repurchases of Common Stock made were $0.0 and $6.0 during the three and nine months ended February 28, 2017, respectively. The Company’s repurchase program may be suspended at any time without prior notice.