6 unchanged sentences
In June 2018, the Board of Directors approved a four-year, $15 billion share repurchase program.
−Removed: During the fourth quarter of fiscal 2020, to enhance our liquidity position in response to COVID-19, we elected to temporarily suspend share repurchases under our existing share repurchase program.
−Removed: The existing program remained authorized by the Board of Directors and during the fourth quarter of fiscal 2021, we began repurchasing shares under the program.
−Removed: As of May 31, 2021, the Company had repurchased 50.0 million shares at an average price of $93.33 per share for a total approximate cost of $4.7 billion.
+Added: As of May 31, 2022, the Company had repurchased a total of 77.4 million shares at an average price of $111.98 per share for a total approximate cost of $8.7 billion under this program.
+Added: In June 2022, the Board of Directors authorized a new four-year, $18 billion program to repurchase shares of the Company's Class B common stock.
+Added: The Company's new program will replace the current $15 billion share repurchase program, which will be terminated in fiscal 2023.
+Added: Repurchases under the Company's new program will be made in open market or privately negotiated transactions in compliance with the Securities and Exchange Commission Rule 10b-18, subject to market conditions, applicable legal requirements and other relevant factors.
+Added: The new share repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended at any time at the Company's discretion.
All share repurchases were made under NIKE's publicly announced program, and there are no other programs under which the Company repurchases shares.
14 unchanged sentences
the Standard & Poor's 500 Stock Index;
−Removed: the Standard & Poor's Apparel, Accessories & Luxury Goods Index;
−Removed: and the Dow Jones U.S.
+Added: the Dow Jones U.S.
Footwear Index;
+Added: and the Standard & Poor's Apparel, Accessories & Luxury Goods Index.
The graph assumes an investment of $100 on May 31, 2017, in each of the indices and our Class B Common Stock.
6 unchanged sentences
The Dow Jones U.S.
−Removed: Footwear Index consists of NIKE, Deckers Outdoor Corporation and Skechers U.S.A., Inc.
+Added: Footwear Index consists of NIKE, Crocs Inc., Deckers Outdoor Corporation and Skechers U.S.A., Inc.
Because NIKE is part of the Dow Jones U.S.
Footwear Index, the price and returns of NIKE stock have a substantial effect on this index.
−Removed: The Standard & Poor's Apparel, Accessories & Luxury Goods Index consists of Hanesbrands Inc., PVH Corporation, Ralph Lauren Corporation, Tapestry, Inc., Under Armour, Inc.
+Added: The Standard & Poor's Apparel, Accessories & Luxury Goods Index consists of PVH Corporation, Ralph Lauren Corporation, Tapestry, Inc., Under Armour, Inc.
The Dow Jones U.S.
9 unchanged sentences
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.