XML 38 R20.htm IDEA: XBRL DOCUMENT v3.24.4
Treasury Stock
 6 Months Ended
Nov. 30, 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
December 202366.2 
March 202454.6 
Total current Board authorizations$120.8 
Less repurchases made under these authorizations(44.2)
Remaining Board authorization at November 30, 2024$76.6 

Remaining Board authorization at November 30, 2024 represents the amount remaining under the Board authorization for Common share repurchases announced on December 13, 2023 and the additional $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 privately negotiated transactions.

Repurchases of the Company's Common Stock were $5.0 and $10.0 during the three and six months ended November 30, 2024, respectively. The Company's repurchase program may be suspended at any time without prior notice.