Treasury Stock

9 Months Ended

Feb. 29, 2024

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 authorization at the dates indicated:

Authorization	Amount
July 2023	$	100.0
December 2023		66.2
Total current Board authorizations	$	166.2
Less repurchases made under these authorizations	$	(120.2)
Remaining Board authorization at February 29, 2024	$	46.0

Remaining Board authorization at February 29, 2024 represents the amount remaining under the current $66.2 Board authorization for Common share repurchases announced on December 13, 2023, which is available for further repurchases, from time to time as conditions allow, on the open market or through privately negotiated transactions. See Note 18, "Subsequent Events", for additional Board authorization for Common share repurchases.

Repurchases of the Company's Common Stock were $54.2 and $142.7, including excise tax on share repurchases of $0.2 and $0.9, during the three and nine months ended February 29, 2024, respectively. The Company's repurchase program may be suspended at any time without prior notice.