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SHAREHOLDERS' EQUITY
12 Months Ended
Sep. 30, 2022
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
NOTE 9 SHAREHOLDERS’ EQUITY
The Company has an evergreen authorization from the Board of Directors (the "Board") for the repurchase of up to four million common shares in any calendar year. The repurchases may be made using our cash and cash equivalents or other available sources. During the fiscal year ended September 30, 2022 and 2020, we repurchased 3.2 million common shares at an aggregate cost of $77.0 million and 1.5 million common shares at an aggregate cost of $28.5 million, respectively, which are held as treasury shares. There were no repurchases of common shares during the fiscal year ended September 30, 2021.
During the year ended September 30, 2022, we declared $106.8 million in cash dividends. A cash dividend of $0.25 per share was declared on September 7, 2022 for shareholders of record on November 15, 2022, payable on December 1, 2022. As a result, we recorded a Dividend Payable of $26.7 million on our Consolidated Balance Sheets as of September 30, 2022.
Accumulated Other Comprehensive Loss

Components of accumulated other comprehensive loss were as follows:
September 30,
(in thousands)202220212020
Pre-tax amounts:
Unrealized actuarial loss(15,703)(26,268)(33,923)
$(15,703)$(26,268)$(33,923)
After-tax amounts:
Unrealized actuarial loss(12,072)(20,244)(26,188)
$(12,072)$(20,244)$(26,188)

The following is a summary of the changes in accumulated other comprehensive loss, net of tax, by component for the fiscal year ended September 30, 2022:
(in thousands)Defined Benefit Pension Plan
Balance at September 30, 2021$(20,244)
Activity during the period
Amounts reclassified from accumulated other comprehensive loss8,172 
Net current-period other comprehensive income8,172 
Balance at September 30, 2022
$(12,072)