filings.toolsItem 1A. RISK FACTORS
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Item 1A. RISK FACTORS
There have been no material changes in our risk factors from those disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended May 31, 2021.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
In June 2018, the Board of Directors approved a four-year, $15 billion share repurchase program. As of November 30, 2021, the Company had repurchased 60.8 million shares at an average price of $104.89 per share for a total approximate cost of $6.4 billion under this 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, 2021:
| PERIOD | TOTAL NUMBER OF SHARES PURCHASED | AVERAGE PRICE PAID PER SHARE | APPROXIMATE DOLLAR VALUE OF SHARES THAT MAY YET BE PURCHASED UNDER THE PLANS OR PROGRAMS (IN MILLIONS) | ||||||||
| September 1 — September 30, 2021 | 2,145,173 | $ | 156.78 | $ | 9,252 | ||||||
| October 1 — October 31, 2021 | 2,054,002 | $ | 156.20 | $ | 8,932 | ||||||
| November 1 — November 30, 2021 | 1,814,713 | $ | 171.26 | $ | 8,621 | ||||||
| 6,013,888 | $ | 160.95 |
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