v3.26.1
Subsequent Events
6 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events
Note 20 — Subsequent Events
Stock Repurchase Program
In May 2026, the Company announced that the Board of Directors approved a three-year $100.0 million stock repurchase authorization (the “Repurchase Program”) of common stock in accordance with applicable securities laws. The Repurchase Program does not obligate the Company to acquire any particular amount of common stock and may be suspended or terminated at any time at the Company’s discretion.
Common Stock Dividend
In May 2026, the Board of Directors approved a reduction in the quarterly cash dividend from $0.15 to $0.01 per share of common stock. The dividend is payable on June 15, 2026 to stockholders of record as of May 28, 2026.