TREASURY STOCK

The Company has authorizations from the Board of Directors to repurchase Common Stock, from time to time as conditions allow, on the open market or through negotiated private transactions, as summarized in the table below:



Authorization	Amount
July 2015	50.0
Less repurchases made under the authorization as of May 31, 2017	(11.4		)
Remaining Board authorization at May 31, 2017	$	38.6

On July 22, 2015, the Board authorized $50.0 for the share buy-back program, to be funded with available cash. During the twelve months ended May 31, 2017, the Company repurchased approximately 0.2 million shares on the open market for approximately $6.9 at an average cost of $38.80 per share. The Company’s repurchase program may be suspended at any time without prior notice.