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EARNINGS PER SHARE (Tables)
3 Months Ended
Jan. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Class Based Basic and Diluted Earnings Per Share
The Company calculates EPS as follows:
Basic Class A EPS=40% * Average Class A Shares Outstanding*Undistributed Net Income+Class A Dividends Per Share
40% * Average Class A Shares Outstanding + 60% * Average Class B Shares OutstandingAverage Class A Shares Outstanding
Diluted Class A EPS=40% * Average Class A Shares Outstanding*Undistributed Net Income+Class A Dividends Per Share
40% * Average Class A Shares Outstanding + 60% * Average Class B Shares OutstandingAverage Diluted Class A Shares Outstanding
Basic Class B EPS=60% * Average Class B Shares Outstanding*Undistributed Net Income+Class B Dividends Per Share
40% * Average Class A Shares Outstanding + 60% * Average Class B Shares OutstandingAverage Class B Shares Outstanding
         *Diluted Class B EPS calculation is identical to Basic Class B calculation
Schedule of Computation of Earnings Per Share Basic and Diluted
The following table provides EPS information for each period, respectively:
 Three Months Ended
January 31,
(in millions)20242023
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.$67.2 $89.9 
Cash dividends(29.7)(28.9)
Undistributed earnings attributable to Greif, Inc.$37.5 $61.0 
Schedule of Company's Class A and Class B Common and Treasury Shares
The following table summarizes the shares of the Company’s Class A and Class B Common Stock as of the specified dates:
Authorized
Shares
Issued
Shares
Outstanding
Shares
Treasury
Shares
January 31, 2024
Class A Common Stock128,000,000 42,281,920 25,790,029 16,491,891 
Class B Common Stock69,120,000 34,560,000 21,331,127 13,228,873 
October 31, 2023
Class A Common Stock128,000,000 42,281,920 25,474,254 16,807,666 
Class B Common Stock69,120,000 34,560,000 21,331,127 13,228,873 
Schedule of Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share
The following is a reconciliation of the shares used to calculate basic and diluted earnings per share:
 Three Months Ended
January 31,
 20242023
Class A Common Stock:
Basic shares25,531,221 25,652,383 
Assumed conversion of restricted shares95,615 135,076 
Diluted shares25,626,836 25,787,459 
Class B Common Stock:
Basic and diluted shares21,331,127 21,721,601