XML 26 R15.htm IDEA: XBRL DOCUMENT v3.25.0.1
Stockholders' Equity
3 Months Ended
Dec. 27, 2024
Equity [Abstract]  
Stockholders' Equity STOCKHOLDERS' EQUITY:
On January 24, 2025, a $0.105 dividend per share of common stock was declared, payable on February 24, 2025, to stockholders of record on the close of business on February 10, 2025.
On November 5, 2024, the Board of Directors approved a share repurchase program under which the Company is authorized to repurchase up to $500.0 million of Aramark's outstanding common stock. Under the share repurchase program, repurchases can be made from time to time using a variety of methods, including open market purchases, privately negotiated transactions, accelerated share repurchases and Rule 10b5-1 trading plans. The size and timing of any repurchases will depend on a number of factors, including share price, general business and market conditions and other factors. The share repurchase program does not have a fixed expiration date and may be terminated at any time. During the three months ended December 27, 2024, the Company repurchased 24,743 shares of its common stock for $0.9 million.
The Company has 100.0 million shares of preferred stock authorized, with a par value of $0.01 per share. At December 27, 2024 and September 27, 2024, zero shares of preferred stock were issued or outstanding.