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Treasury Stock
12 Months Ended
May 31, 2024
Equity, Attributable to Parent [Abstract]  
Treasury Stock TREASURY STOCK
The Company has authorizations from the Board of Directors to repurchase Common Stock, from time to time as conditions allow, on the open market or through negotiated private transactions, as summarized in the table below:
AuthorizationsAmount 
July 2023100.0 
December 202366.2 
March 202454.6 
Total current Board authorizations $220.8 
Less repurchases made under the authorizations as of May 31, 2024$(134.2)
Remaining Board authorization at May 31, 2024$86.6  

Remaining Board authorization at May 31, 2024 represents the amount remaining under the Board authorization for Common share repurchases on December 13, 2023 and the current $54.6 Board authorization for Common share repurchases announced on March 20, 2024, which is available for further repurchases, from time to time as conditions allow, on the open market or through negotiated private transactions.
During the twelve months ended May 31, 2024, there were $156.8 repurchases of the Company's Common Stock, which included shares repurchased through a related party transaction and $1.0 of excise tax on share repurchases. The Company's repurchase program may be suspended at any time without prior notice. Refer to Note 21, "Related Party Transactions," for further details regarding the related party transaction.