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STOCKHOLDERS' EQUITY
6 Months Ended
Dec. 31, 2012
STOCKHOLDERS' EQUITY  
STOCKHOLDERS' EQUITY

7.             STOCKHOLDERS’ EQUITY

 

Share Repurchase Plan

 

The Company’s Board of Directors have approved a variety of share repurchase plans under which, subject to price and market conditions, purchases of shares can be made from time to time in the open market or in privately negotiated transactions using available cash.

 

During the six months ended December 31, 2012 and 2011, the Company repurchased 2.1 million shares and 1.4 million shares of common stock for $91.3 million and $40.9 million, respectively, under the share repurchase plan. As of December 31, 2012, $125.9 million remained available under the plan for repurchase in future periods.