XML 41 R29.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Subsequent Event
9 Months Ended
Jun. 29, 2024
Subsequent Events [Abstract]  
Subsequent Event Subsequent Event
On August 1, 2024, we declared a $0.28 per share quarterly dividend payable on issued and outstanding shares of our Class A and Class B common stock on August 29, 2024 to shareholders of record at the close of business on August 16, 2024.
On July 24, 2024, we entered into a definitive agreement to sell our hydraulic systems business located in Luxembourg, which is included in our Industrial segment. This transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2024. We expect to recognize a pre-tax loss which will include the release of cumulative translation adjustments.