v3.25.1
Equity
 6 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Shareholders' Equity Shareholders’ Equity
Share Repurchases
In January 2018, the Company’s Board of Directors (the “Board”) authorized the repurchase of up to 10.0 shares of the Company’s common stock, replacing the previous share repurchase authorization from May 2015. The Company repurchased 1.9 shares of its common stock for $65.7 during the six months ended March 31, 2025. As of March 31, 2025, there are 1.1 shares of common stock available for repurchase in the future under the Board’s authorization. Any future share repurchases may be made in the open market, privately negotiated transactions, or otherwise permitted, and in such amounts and at such times as the Company deems appropriate based upon prevailing market conditions, business needs, and other factors.
Dividends
Dividend activity in the six months ended March 31, 2025 are as follows:
Date DeclaredRecord DatePayable DateAmount Per Share
August 6, 2024September 4, 2024October 3, 2024$0.15 
October 31, 2024December 3, 2024January 8, 2025$0.15 
February 6, 2025March 5, 2025April 9, 2025$0.15 
On May 7, 2025, the Board declared a quarterly cash dividend of $0.15 per common share for the second fiscal quarter of 2025. The dividend will be payable on July 9, 2025 to shareholders of record as the close of business on June 6, 2025.
Dividends declared during the six months ended March 31, 2025 totaled $14.7. Payments made for dividends during the six months ended March 31, 2025 totaled $15.2.