STOCKHOLDERS' EQUITY |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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May 31, 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY: Share repurchase program In September 2021, the Company’s board of directors authorized the Company to purchase up to $500,000 of the Company’s outstanding shares of common stock from time to time as market and business conditions warrant, including through open market purchases or Rule 10b5-1 trading plans. The repurchase program has no termination date and may be suspended or discontinued at any time. During the three and six months ended May 31, 2022, the Company repurchased 367 aggregate shares of its common stock for an aggregate purchase price of $57,850. The share repurchases were made on the open market and the shares repurchased by the Company are held in treasury for general corporate purposes. At May 31, 2022, approximately $417,055 remained available for share repurchases under the existing authorization from the Company’s board of directors. During June 2022, the Company repurchased 92 aggregate shares of its common stock for an aggregate purchase price of $13,764. Dividends During fiscal years 2022 and 2021, the Company has paid the following dividends per share approved by the Company’s board of directors:
On June 27, 2022, the Company announced a cash dividend of $0.25 per share to stockholders of record as of July 29, 2022, payable on August 9, 2022.
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