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DIVIDENDS AND STOCK REPURCHASE PROGRAMS (Tables)
12 Months Ended
Jun. 30, 2017
Treasury Stock, Number of Shares and Restriction Disclosures [Abstract]  
Dividends Declared
During fiscal years 2017 and 2016, Adtalem’s Board of Directors declared the following cash dividends:
 
 
 
 
 
 
 
 
 
 
Total Dividend
 
 
 
 
 
 
 
Dividend
 
Amount
 
Declaration Date
 
Record Date
 
Payment Date
 
Per Share
 
(in thousands)
 
November 5, 2015
 
December 4, 2015
 
December 23, 2015
 
$
0.18
 
$
11,563
 
May 11, 2016
 
June 3, 2016
 
June 24, 2016
 
$
0.18
 
$
11,414
 
November 14, 2016
 
December 2, 2016
 
December 22, 2016
 
$
0.18
 
$
11,414
Shares Repurchased Under Programs
Adtalem has repurchased shares under the following programs as of June 30, 2017:
 
Date
 
Shares
 
Total Cost
 
Authorized
 
Repurchased
 
(in millions)
 
November 15, 2006
 
 
908,399
 
$
35.0
 
May 13, 2008
 
 
1,027,417
 
 
50.0
 
November 11, 2009
 
 
972,205
 
 
50.0
 
August 11, 2010
 
 
1,103,628
 
 
50.0
 
November 10, 2010
 
 
968,105
 
 
50.0
 
May 20, 2011
 
 
2,396,143
 
 
100.0
 
November 2, 2011
 
 
3,478,299
 
 
100.0
 
August 29, 2012
 
 
2,005,317
 
 
62.7
 
December 15, 2015
 
 
1,672,250
 
 
36.6
 
February 16, 2017
 
 
785,296
 
 
28.0
 
Totals
 
 
15,317,059
 
$
562.3