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Shareholders' Equity
 3 Months Ended
Oct. 31, 2021
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Stockholders’ Equity
Share Repurchases
The Company’s Board of Directors has authorized the repurchase of up to 13.0 million shares of common stock under the Company’s stock repurchase plan. This repurchase authorization is effective until terminated by the Board of Directors. During the three months ended October 31, 2021, the Company repurchased 1.6 million shares for $102.9 million. As of October 31, 2021, the Company had remaining authorization to repurchase 6.7 million shares under this plan.
Dividends Paid and Declared
Dividends paid were 22.0 cents and 21.0 cents per share for the three months ended October 31, 2021 and 2020, respectively.
On November 19, 2021, the Company’s Board of Directors declared a cash dividend in the amount of 22.0 cents per share, payable December 22, 2021, to stockholders of record as of December 7, 2021.