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 November 30, 2024, the Company had repurchased 112.8 million shares at an average price of $100.26 per share for a total approximate cost of $11.3 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 November 30, 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)
September 1 - September 30, 2024 4,649,833 $ 83.02 $ 7,366
October 1 - October 31, 2024 4,761,207 $ 82.11 $ 6,975
November 1 - November 30, 2024 3,667,095 $ 77.30 $ 6,691
13,078,135 $ 81.09
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