1 unchanged sentence
In June 2022, the Board of Directors approved a four-year, $18 billion share repurchase program.
−Removed: As of February 28, 2023, the Company had repurchased 32.0 million shares at an average price of $106.61 per share for a total approximate cost of $3.4 billion under the program.
+Added: As of August 31, 2023, the Company had repurchased 54.0 million shares at an average price of $109.94 per share for a total approximate cost of $5.9 billion under the 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 February 28, 2023:
+Added: The following table presents a summary of share repurchases made during the quarter ended August 31, 2023:
PERIOD TOTAL NUMBER OF SHARES PURCHASED AVERAGE PRICE
4 unchanged sentences
(IN MILLIONS)
−Removed: December 1 - December 31, 2022 6,993,677 $ 111.27 $ 15,334
−Removed: January 1 - January 31, 2023 3,040,909 $ 125.65 $ 14,952
−Removed: February 1 - February 28, 2023 2,902,915 $ 123.50 $ 14,594
+Added: June 1 - June 30, 2023 3,391,842 $ 110.13 $ 12,826
+Added: July 1 - July 31, 2023 3,236,889 $ 108.79 $ 12,474
+Added: August 1 - August 31, 2023 3,838,777 $ 105.77 $ 12,068
10,467,508 $ 108.12
−Removed: (a) EXHIBITS:
−Removed: 3.1 Restated Articles of Incorporation, as amended (incorporated by reference to Exhibit 3.1 to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2015).
−Removed: 3.2 Fifth Restated Bylaws, as amended (incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K filed June 19, 2020).
−Removed: 4.1 Restated Articles of Incorporation, as amended (see Exhibit 3.1).
−Removed: 4.2 Fifth Restated Bylaws, as amended (see Exhibit 3.2).
−Removed: 10.1 Credit Agreement dated as of March 10, 2023, 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 on March 13, 2023).
−Removed: 31.1 Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer.
−Removed: 31.2 Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer.
−Removed: 32.1† Section 1350 Certificate of Chief Executive Officer.
−Removed: 32.2† Section 1350 Certificate of Chief Financial Officer.
−Removed: 101.INS Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
−Removed: 101.SCH Inline XBRL Taxonomy Extension Schema
−Removed: 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase
−Removed: 101.DEF Inline XBRL Taxonomy Extension Definition Document
−Removed: 101.LAB Inline XBRL Taxonomy Extension Label Linkbase
−Removed: 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase
−Removed: 104 Cover Page Interactive Data File - formatted in Inline XBRL and included in Exhibit 101
−Removed: † Furnished herewith
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
−Removed: an Oregon Corporation
−Removed: /s/ MATTHEW FRIEND
−Removed: Matthew Friend
−Removed: Chief Financial Officer and Authorized Officer
−Removed: April 6, 2023
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.