Stockholders' Equity |
3 Months Ended |
|---|---|
Oct. 31, 2022 | |
| Stockholders' Equity Note [Abstract] | |
| Stockholders' Equity | Note 10. Stockholders’ Equity Share Repurchases The Company’s Board of Directors has authorized the repurchase of up to 13.0 million shares of common stock under the Company’s stock repurchase plan. This repurchase authorization is effective until terminated by the Board of Directors. During the three months ended October 31, 2022, the Company repurchased 0.9 million shares for $45.7 million. As of October 31, 2022, the Company had remaining authorization to repurchase 4.5 million shares under this plan. Dividends Paid and Declared Dividends paid were 23.0 cents and 22.0 cents per common share for the three months ended October 31, 2022 and 2021, respectively. On November 18, 2022, the Company’s Board of Directors declared a cash dividend in the amount of 23.0 cents per common share, payable December 20, 2022, to stockholders of record as of December 5, 2022.
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