NIKE NKE Message Board - Msg: 30249012

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Non-Tech : NIKE NKE

NKE 62.67

-3.0%

9:30 AM EST

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From: Sr K	9/24/2015 11:45:36 PM
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Excerpt from NIKE Q1 report, finance.yahoo.com Cash and short-term investments were $5.4 billion, $829 million higher than last year primarily as a result of growth in net income and collateral received from counterparties as a result of hedging activities more than offsetting share repurchases and higher dividends. Share Repurchases During the first quarter, NIKE, Inc. repurchased a total of 5.5 million shares for approximately $588 million as part of the four-year, $8.0 billion program approved by the Board of Directors in September 2012. As of the end of the first quarter, a total of 86.4 million shares had been repurchased under this program for approximately $6.5 billion, at an average cost of $75.70 per share.

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