Shareholders' equity

6 Months Ended

Dec. 30, 2023

Shareholders' equity

Shareholders' equity

10. Shareholders’ equity

Share repurchase program

During the second quarter of fiscal 2024, the Company repurchased 1.3 million shares under existing programs for a total cost of $59.9 million. As of December 30, 2023, the Company had $232.5 million remaining under its share repurchase authorization.

Common stock dividend

In November 2023, the Company’s Board of Directors approved a dividend of $0.31 per common share and dividend payments of $27.8 million were made in December 2023.