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Common Unit Repurchase and Retirement (Tables)
9 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Company's Repurchase Activities

The following table shows repurchases under the Repurchase Plan.

 

(in thousands, except per unit amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period

 

Total Number of

Units Purchased

 

 

Average Price

Paid per Unit (a)

 

 

Total Number of

Units Purchased as Part of Publicly Announced Plans or Programs

 

 

Maximum Number

of Units that May

Yet Be Purchased

 

 

Fiscal year 2012 to 2019 total

 

 

13,340

 

 

$

8.08

 

 

 

10,896

 

 

 

956

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First quarter fiscal year 2020 total

 

 

1,281

 

 

$

9.42

 

 

 

650

 

 

 

306

 

(b)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second quarter fiscal year 2020 total

 

 

782

 

 

$

8.33

 

 

 

782

 

 

 

524

 

(c)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

April 2020

 

 

424

 

 

$

7.71

 

 

 

424

 

 

 

100

 

 

May 2020

 

 

106

 

 

$

8.12

 

 

 

106

 

 

 

3,494

 

(d)

June 2020

 

 

625

 

 

$

8.45

 

 

 

625

 

 

 

2,869

 

 

Third quarter fiscal year 2020 total

 

 

1,155

 

 

$

8.15

 

 

 

1,155

 

 

 

2,869

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 2020

 

 

725

 

 

$

8.97

 

 

 

725

 

 

 

2,144

 

(e)

 

(a)

Amount includes repurchase costs.

(b)

First quarter of fiscal year 2020 Common Units repurchased include 0.6 million Common Units acquired in a private transaction.

(c)

In February 2020, the Board authorized an increase in the number of Common Units available for repurchase from 0.1 million to 1.1 million.

(d)

In May 2020, the Board authorized an increase in the number of Common Units available for repurchase from 0.1 million to 3.6 million.

(e)

Of the total available for repurchase, approximately 1.0 million units are available for repurchase in open market transactions and 1.1 million units are available for repurchase in privately-negotiated transactions, under the Repurchase Plan.