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NKE Nike Inc

92.15
0.00 (0.00%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nike Inc NYSE:NKE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 92.15 0 01:00:00

Nike Board Approves $18 Billion Share Buyback Program

27/06/2022 10:07pm

Dow Jones News


Nike (NYSE:NKE)
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By Kathryn Hardison

 

Nike Inc. said Monday its board of directors has approved an $18 billion buyback program of Class B common stock.

The retailer said the new four-year program will replace the current $15 billion share repurchase program, which will be terminated in fiscal year 2023.

Repurchases under the new program will be made in open market or privately negotiated transactions.

Shares fell 0.2% in after-hours trading.

 

Write to Kathryn Hardison at kathryn.hardison@wsj.com

 

(END) Dow Jones Newswires

June 27, 2022 16:52 ET (20:52 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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