Equity |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Shareholders' Equity | Shareholders’ Equity Share Repurchases On November 13, 2025, the Board approved an authorization to repurchase up to $100.0, superseding the previous share repurchase authorization from January 2018, when the Board approved an authorization to repurchase up to 10.0 shares of the Company's common stock. Any future share repurchases would be made in the open market, privately negotiated transactions or otherwise, in such amounts and at such times as the Company deems appropriate based upon prevailing market conditions, business needs and other factors. The Company repurchased 0.7 of common shares for $15.1 during the six months ended March 31, 2026 and has $84.9 available for repurchase in the future under the Board’s authorization. Dividends Dividend activity in the six months ended March 31, 2026 is as follows:
On May 6, 2026, the Board declared a quarterly cash dividend of $0.15 per common share for the second fiscal quarter of 2026. The dividend will be payable on July 9, 2026 to shareholders of record as the close of business on June 10, 2026. Dividends declared during the six months ended March 31, 2026 totaled $14.5. Payments made for dividends during the six months ended March 31, 2026 totaled $14.5.
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