Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
In June 2022, the Board of Directors approved a four-year, $18 billion share repurchase program. As of August 31, 2024, the Company had repurchased 99.7 million shares at an average price of $102.78 per share for a total approximate cost of $10.2 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. The following table presents a summary of share repurchases made during the quarter ended August 31, 2024:
PERIOD TOTAL NUMBER OF SHARES PURCHASED AVERAGE PRICE
PAID PER SHARE APPROXIMATE DOLLAR
VALUE OF SHARES THAT
MAY YET BE PURCHASED
UNDER THE PLAN
OR PROGRAM
(IN MILLIONS)
June 1 - June 30, 2024 3,256,769 $ 94.11 $ 8,638
July 1 - July 31, 2024 6,159,134 $ 74.19 $ 8,181
August 1 - August 31, 2024 5,388,115 $ 79.76 $ 7,752
14,804,018 $ 80.60
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