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Replies to #21 on Nike Inc (NKE)
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BullsEye

09/20/12 10:13 AM

#33 RE: $King #21

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.