Nike sets $8 billion share buyback program

Nike sets $8 billion share buyback program

Sept. 20, 2012
By Greg Morcroft

NEW YORK (MarketWatch) -- Nike Inc. NKE +1.37% said on Thursday that its board has approved a new $8 billion share buyback plan over the next four years. The plan will follow the company's current $5 billion repurchase plan that will wrap up at the end of the 2013 second quarter. Nike said that it has bought back $10 billion of its shares in the last 10 years.

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