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Stockholders' Equity
12 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Stockholders' Equity
STOCKHOLDERS’ EQUITY

The Company has an automatically effective universal shelf registration statement, filed with the SEC in August 2015, registering debt and equity securities that it may issue from time to time in amounts to be determined. At September 30, 2017, the Company had 384,036,150 shares of common stock issued and 374,986,079 shares outstanding. No shares of preferred stock were issued or outstanding.

During fiscal 2017, the Company repurchased 1,850,000 shares of its common stock for $60.6 million. Effective August 1, 2017, the Board of Directors authorized the repurchase of up to $200 million of the Company’s common stock effective through July 31, 2018, which replaced the previous authorization. All of the $200 million authorization was remaining at September 30, 2017, and no common stock has been repurchased subsequent to September 30, 2017.

The Board of Directors approved and paid quarterly cash dividends of $0.10 per common share and $0.08 per common share in fiscal 2017 and 2016, respectively. In November 2017, the Board of Directors approved a cash dividend of $0.125 per common share, payable on December 15, 2017, to stockholders of record on December 1, 2017.