Treasury Stock

3 Months Ended

Feb. 28, 2022

Stockholders' Equity Attributable to Parent [Abstract]

Treasury Stock

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 privately negotiated transactions.

The table below represents the Board authorizations at the dates indicated:

Authorizations	Amount
March 2018	$	50.0
March 2020		50.0
Total current Board authorizations at June 1, 2021	$	100.0
Less repurchases made under these authorizations	$	(52.3)
Remaining Board authorization at February 28, 2022	$	47.7

Remaining Board authorization at February 28, 2022 represents the amount remaining under the current $50.0 Board authorization for Common share repurchases announced on March 18, 2020, which is available for further repurchases, from time to time as conditions allow, on the open market or through privately negotiated transactions.

Repurchases of the Company's Common Stock were $15.4 and $19.6 during the three and nine months ended February 28, 2022, respectively, which included a privately negotiated transaction with a related party for an aggregate purchase price of $12.2. See Note 18, Related Party Transactions, for further details regarding this transaction. The Company's repurchase program may be suspended at any time without prior notice.