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Re: $King post# 21

Thursday, 09/20/2012 10:13:36 AM

Thursday, September 20, 2012 10:13:36 AM

Post# of 1709
Nike launches $8 billion repurchase program
Nike's (NYSE: NKE ) board of directors has approved a plan to buy back $8 billion in common stock, The Associated Press reported today. The company is already participating in a $5 billion repurchase program, which will be complete in Nike's second quarter; the new program will begin after the current one ends.


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