Shareholders' equity

3 Months Ended

Sep. 30, 2023

Shareholders' equity

Shareholders' equity

10. Shareholders’ equity

Share repurchase program

During the first quarter of fiscal 2024, the Company repurchased 0.6 million shares under existing programs for a total cost of $27.0 million. As of September 30, 2023, the Company had $291.5 million remaining under its share repurchase authorization.

Common stock dividend

In August 2023, the Company’s Board of Directors approved a dividend of $0.31 per common share and dividend payments of $28.3 million were made in September 2023.