Related Party Transactions |
3 Months Ended |
|---|---|
Aug. 31, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | RELATED PARTY TRANSACTIONS On August 25, 2026, the Company entered into a share repurchase agreement to purchase shares of its common stock from the Estate of M. Richard Robinson, Jr. in a privately negotiated transaction. Pursuant to the repurchase agreement, the Company purchased 289,624 shares of common stock on August 26, 2026 at a price of $39.76 per share, representing an aggregate purchase price of $11.5. The price per share paid represented a 3% discount to the closing price of the stock, $40.99, on the date of execution of the repurchase agreement. The repurchase was made pursuant to the Company’s share repurchase program as previously approved by the Board. Upon the recommendation of the Audit Committee, the Board approved the aforementioned transaction without the participation of the preliminary executor of the Estate, who serves as the Company's Chair of the Board and an executive officer.
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