1 unchanged sentence
NIKE's Class B Common Stock is listed on the New York Stock Exchange and trades under the symbol NKE.
−Removed: At July 9, 2025, there were 20,485 holders of record of NIKE's Class B Common Stock and 16 holders of record of NIKE's Class A Common Stock.
+Added: At July 8, 2026, there were approximately 20,000 holders of record of NIKE's Class B Common Stock and 16 holders of record of NIKE's Class A Common Stock.
These figures do not include beneficial owners who hold shares in nominee name.
1 unchanged sentence
Refer to our Consolidated Statements of Shareholders' Equity for dividends declared on the Class A and Class B Common Stock.
−Removed: In June 2022, the Board of Directors approved a four-year, $18 billion share repurchase program.
−Removed: As of May 31, 2025, the Company had repurchased 122.6 million shares at an average price of $98.00 per share for a total approximate cost of $12.0 billion under this program.
+Added: In June 2022, the Board of Directors approved a four-year, $18 billion share repurchase program (the "Share Repurchase Program").
+Added: In June 2026, the Board of Directors reapproved the current program to continue without a fixed expiration date and without increasing the aggregate amount authorized for repurchase.
+Added: As of May 31, 2026, the Company had repurchased 124.4 million shares at an average price of $97.57 per share for a total approximate cost of $12.1 billion under the Share Repurchase Program, and approximately $5.9 billion of the Company's Class B Common Stock remains available for repurchase.
+Added: The size and timing of these purchases, if any, will depend on market conditions and the Company’s liquidity and capital needs, as well as other factors.
+Added: No shares were repurchased during the quarter ended May 31, 2026.
+Added: We paused repurchases under this program during the first quarter of fiscal 2026.
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 May 31, 2025:
−Removed: PERIOD TOTAL NUMBER OF SHARES PURCHASED AVERAGE PRICE
−Removed: PAID PER SHARE APPROXIMATE DOLLAR
−Removed: VALUE OF SHARES THAT
−Removed: MAY YET BE PURCHASED
−Removed: UNDER THE PLANS
−Removed: (IN MILLIONS)
−Removed: March 1 — March 31, 2025 936,074 $ 72.39 $ 6,124
−Removed: April 1 — April 30, 2025 1,189,613 $ 56.01 $ 6,058
−Removed: May 1 — May 31, 2025 1,116,872 $ 60.77 $ 5,990
−Removed: 3,242,559 $ 62.38
2026 FORM 10-K 26
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The following graph demonstrates a five-year comparison of cumulative total returns for NIKE's Class B Common Stock;
−Removed: the Standard & Poor's 500 Stock Index;
+Added: the S&P 500 Stock Index;
the Dow Jones U.S.
Footwear Index;
−Removed: and the Standard & Poor's Apparel, Accessories & Luxury Goods Index.
+Added: and the S&P Apparel, Accessories & Luxury Goods Index.
The graph assumes an investment of $100 on May 31, 2021, in each of the indices and our Class B Common Stock.
1 unchanged sentence
The Dow Jones U.S.
−Removed: Footwear Index and the Standard & Poor's Apparel, Accessories & Luxury Goods Index include companies in two major lines of business in which the Company competes.
+Added: Footwear Index and the S&P Apparel, Accessories & Luxury Goods Index include companies in two major lines of business in which the Company competes.
The indices do not encompass all of the Company's competitors, nor all product categories and lines of business in which the Company is engaged.
7 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.