Stockholders' Equity |
6 Months Ended |
|---|---|
Apr. 03, 2026 | |
| Equity [Abstract] | |
| Stockholders' Equity | STOCKHOLDERS' EQUITY: The Board of Directors declared a $0.12 dividend per share of common stock, payable on June 3, 2026, to stockholders of record at the close of business on May 20, 2026. On November 5, 2024, the Board of Directors approved a share repurchase program under which the Company is authorized to repurchase up to $500.0 million of Aramark's outstanding common stock. Under the share repurchase program, repurchases can be made from time to time using a variety of methods, including open market purchases, privately negotiated transactions, accelerated share repurchases and Rule 10b5-1 trading plans. The size and timing of any repurchases will depend on a number of factors, including share price, general business and market conditions and other factors. Shares repurchased by the Company are accounted for under the treasury cost method. The value of the repurchased shares includes the 1% excise tax accrual as a result of the Inflation Reduction Act of 2022. The Company made an accounting policy election to record the value of the repurchased shares, including the 1% excise tax accrual, to treasury stock. The share repurchase program does not have a fixed expiration date and may be terminated at any time. During the three and six months ended April 3, 2026, the Company repurchased 0.6 million and 1.4 million shares of its common stock for $24.3 million and $53.6 million, respectively. During the three and six months ended March 28, 2025, the Company repurchased 3.1 million and 3.1 million shares of its common stock for $110.4 million and $111.3 million, respectively. The Company has 100.0 million shares of preferred stock authorized, with a par value of $0.01 per share. At April 3, 2026 and October 3, 2025, zero shares of preferred stock were issued or outstanding.
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