XML 39 R24.htm IDEA: XBRL DOCUMENT v3.25.2
Treasury Stock
12 Months Ended
May 31, 2025
Equity, Attributable to Parent [Abstract]  
Treasury Stock TREASURY STOCK
The Company has authorizations from the Board of Directors to repurchase Common Stock, from time to time as conditions allow, on the open market or through negotiated private transactions, as summarized in the table below:
AuthorizationsAmount 
December 2023
$
66.2 
March 202454.6 
March 202553.4 
Total current Board authorizations $174.2 
Less repurchases made under the authorizations as of May 31, 2025$(104.2)
Remaining Board authorization at May 31, 2025$70.0  

Remaining Board authorization at May 31, 2025 represents the amount remaining under the Board authorization for Common share repurchases on March 20, 2024 and the current $53.4 Board authorization for Common share repurchases announced on March 19, 2025, which is available for further repurchases, from time to time as conditions allow, on the open market or through negotiated private transactions.
During the fiscal year ended May 31, 2025, repurchases of the Company's Common Stock were $70.9, which included $0.9 of excise tax on share repurchases. The Company's repurchase program may be suspended at any time without prior notice.