Item 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, 2024.
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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