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COMMON STOCK AND TREASURY STOCK
9 Months Ended
Mar. 31, 2021
Equity [Abstract]  
COMMON STOCK AND TREASURY STOCK COMMON STOCK AND TREASURY STOCK
Common Stock Repurchases
On November 6, 2019, the Company’s Board of Directors approved a $200 million stock repurchase program (the “2019 November Program”). Under the 2019 November Program, the Company is authorized to repurchase up to $200 million of common stock. The 2019 November Program expires on December 31, 2021. During the three months ended September 30, 2020, under the 2019 November Program, the Company repurchased and retired 228,180 shares of common stock at an average price per share of $166.05 for an aggregate amount of $37.9 million. As of September 15, 2020, the Company had no remaining balance available for share repurchase under the 2019 November Program.
On May 5, 2020, the Company's Board of Directors approved a $500 million stock repurchase program (the “2020 May Program”). Under the 2020 May Program, the Company may repurchase up to $500 million of its common stock. The 2020 May Program expires on March 31, 2022. During the six months ended December 31, 2020, under the 2020 May Program, the Company repurchased and retired 682,956 shares of common stock at an average price per share of $168.03 for an aggregate amount of $114.8 million. The Company made no repurchases during the three months ended March 31, 2021.
Under both programs, for the nine months ended March 31, 2021, the Company repurchased and retired 911,136 shares of common stock at an average price per share of $167.53 for an aggregate amount of $152.6 million.
As of March 31, 2021, the Company had $385.2 million available for share repurchases under the 2020 May Program.
The following table provides information with respect to the Company’s Share Repurchase programs and the activity under the available share repurchase programs during the nine months ended March 31, 2021 (in millions, except share and per share amounts):
Date of Publicly Announced ProgramAmount of Publicly Announced ProgramTotal Number of Shares Purchased as Part of Publicly Announced ProgramsAverage Price Paid per ShareTotal Aggregate Amount PaidPeriod of PurchasesEstimated Remaining Balance Available for Share Repurchases under the ProgramExpiration date of Program
November 8, 2019$200 million228,180$166.05 $37.9 August 21, 2020 - September 15, 2020$— 12/31/2021
May 8, 2020$500 million682,956$168.03 $114.8 September 15, 2020 - November 2, 2020$385.2 3/31/2022