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 August 31, 2017	(16.1		)
Remaining Board authorization at August 31, 2017	$	33.9

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 were $4.7 during the three months ended August 31, 2017. The Company’s repurchase program may be suspended at any time without prior notice.