Shareholders' equity

9 Months Ended

Apr. 01, 2023

Shareholders' equity

Shareholders' equity

10. Shareholders’ equity

Share repurchase program

During the third quarter of fiscal 2023, the Company did not repurchase any shares under this program. As of April 1, 2023, the Company had $319.0 million remaining under its share repurchase authorization.

Common stock dividend

In February 2023, the Company’s Board of Directors approved a dividend of $0.29 per common share and dividend payments of $26.5 million were made in March 2023.