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SHAREHOLDER’S EQUITY
 6 Months Ended
Apr. 03, 2022
Equity [Abstract]  
SHAREHOLDER'S EQUITY SHAREHOLDERS' EQUITY
Share Repurchases
The Company has a share repurchase program that is executed through purchases made from time to time either in the open market or otherwise. On May 4, 2021, the Board of Directors approved a $1 billion common stock repurchase program and terminated the previously approved share repurchase program. The authorization is effective for 36 months. As part of our share repurchase programs, the Company purchased treasury shares in open market purchases at market fair value, private purchases from Company employees, significant shareholders or beneficial interest owners at fair value.
The following summarizes the activity of common stock repurchases for the three and six month periods ended April 3, 2022 and April 4, 2021:
April 3, 2022April 4, 2021
Three Month Periods Ended
(in millions except per share data)
Number of
Shares
Repurchased
Average
Price
Per Share
Amount
Number of
Shares
Repurchased
Average
Price
Per Share
Amount
Open Market Purchases0.2 $96.90 $24.0 — $— $— 

April 3, 2022April 4, 2021
Six Month Periods Ended
(in millions except per share data)
Number of
Shares
Repurchased		Average
Price
Per Share		AmountNumber of
Shares
Repurchased		Average
Price
Per Share		Amount
Open Market Purchases1.3 $97.34 $134.0 — $— $— 
Private Purchases— — — 0.6 65.27 42.3 
Total Purchases1.3 $97.34 $134.0 0.6 $65.27 $42.3 
During the fourth quarter ended September 30, 2021, SBH entered into a $150.0 million rule 10b5-1 repurchase plan to facilitate daily market share repurchases through September 16, 2022, until the cap is reached or until the plan is terminated. The Company completed share repurchases of $150.0 million under the rule 10b5-1 repurchase plan during the three month period ended April 3, 2022.