Shareholders' Equity |
9 Months Ended |
|---|---|
May 30, 2026 | |
| Stockholders' Equity Note [Abstract] | |
| Shareholders' Equity | Shareholders’ Equity Common Stock Repurchases and Treasury Stock In June 2021, the Board of Directors of the Company (the “Board”) terminated the existing share repurchase plan and authorized a new share repurchase plan (the “Share Repurchase Plan”) to purchase up to 5,000 shares of Class A Common Stock. There is no expiration date for the Share Repurchase Plan. As of May 30, 2026, the maximum number of shares of Class A Common Stock that were available for repurchase under the Share Repurchase Plan was 1,313 shares. The Share Repurchase Plan allows the Company to repurchase shares at any time and in any increments it deems appropriate in accordance with Rule 10b-18 under the Exchange Act. During the thirteen- and thirty-nine-week periods ended May 30, 2026, the Company repurchased 2 shares and 162 shares, respectively, of Class A Common stock for $171 and $13,894, respectively. From these totals, 2 shares and 62 shares, respectively, were repurchased by the Company to satisfy the Company’s associates’ tax withholding liability associated with its stock-based compensation program and are reflected at cost as treasury stock in the unaudited Condensed Consolidated Financial Statements for the thirteen- and thirty-nine-week periods ended May 30, 2026 and the remainder were immediately retired. During the thirteen- and thirty-nine-week periods ended May 31, 2025, the Company repurchased 117 shares and 494 shares, respectively, of Class A Common Stock for $8,597 and $39,138, respectively. From these totals, 2 shares and 77 shares, respectively, were repurchased by the Company to satisfy the Company’s associates’ tax withholding liability associated with its stock-based compensation program and are reflected at cost as treasury stock in the unaudited Condensed Consolidated Financial Statements for the thirteen- and thirty-nine-week periods ended May 31, 2025 and the remainder were immediately retired. As of August 30, 2025, the Company had accrued $71 for excise tax on share repurchases which was included in Accrued expenses and other current liabilities in the unaudited Condensed Consolidated Balance Sheets. As of May 30, 2026, no accrual was required. The Company reissued 10 shares and 38 shares of treasury stock during the thirteen- and thirty-nine-week periods ended May 30, 2026, respectively, and reissued 14 shares and 45 shares of treasury stock during the thirteen- and thirty-nine-week periods ended May 31, 2025, respectively, to fund the MSC Industrial Direct Co., Inc. Amended and Restated Associate Stock Purchase Plan. Dividends on Common Stock The Company paid aggregate regular cash dividends of $2.61 per share totaling $145,752 for the thirty-nine-week period ended May 30, 2026. For the thirty-nine-week period ended May 31, 2025, the Company paid aggregate regular cash dividends of $2.55 per share totaling $142,252. On June 16, 2026, the Board declared a regular cash dividend of $0.87 per share, payable on July 22, 2026, to shareholders of record at the close of business on July 8, 2026. The dividend is expected to result in aggregate payments of $48,586 based on the number of shares outstanding on June 17, 2026.
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