1 unchanged sentence
In June 2018, the Board of Directors approved a four-year, $15 billion share repurchase program.
−Removed: As of November 30, 2021, the Company had repurchased 60.8 million shares at an average price of $104.89 per share for a total approximate cost of $6.4 billion under this program.
+Added: As of February 28, 2022, the Company had repurchased 68.9 million shares at an average price of $110.31 per share for a total approximate cost of $7.6 billion under this program.
All share repurchases were made under NIKE's publicly announced program, and there are no other programs under which the Company repurchases shares.
−Removed: The following table presents a summary of share repurchases made during the quarter ended November 30, 2021:
+Added: The following table presents a summary of share repurchases made during the quarter ended February 28, 2022:
PERIOD TOTAL NUMBER OF SHARES PURCHASED AVERAGE PRICE
4 unchanged sentences
(IN MILLIONS)
−Removed: September 1 — September 30, 2021 2,145,173 $ 156.78 $ 9,252
−Removed: October 1 — October 31, 2021 2,054,002 $ 156.20 $ 8,932
−Removed: November 1 — November 30, 2021 1,814,713 $ 171.26 $ 8,621
+Added: December 1 — December 31, 2021 2,016,185 $ 167.00 $ 8,284
+Added: January 1 — January 31, 2022 2,619,600 $ 149.40 $ 7,893
+Added: February 1 — February 28, 2022 3,455,583 $ 143.00 $ 7,399
8,091,368 $ 151.05
4 unchanged sentences
4.2 Fifth Restated Bylaws, as amended (see Exhibit 3.2).
+Added: 10.1 Credit Agreement, dated as of March 11, 2022, among NIKE, Inc., Bank of America, N.A., as Administrative Agent, and the other Banks named therein (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed March 14, 202 2 ).
+Added: 10.2 Credit Agreement, dated as of March 11, 2022, among NIKE, Inc., Bank of America, N.A., as Administrative Agent, and the other Banks named therein (incorporated by reference to Exhibit 10.
+Added: 2 to the Company's Current Report on Form 8-K filed March 14, 202 2 ).
31.1 Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer.
15 unchanged sentences
Chief Financial Officer and Authorized Officer
−Removed: January 6, 2022
+Added: April 5, 2022
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.