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PART II
PART II
ITEM 5. Market for Registrant’s Common Equity,
Related Stockholder Matters and Issuer
Purchases of Equity Securities
NIKE’s Class B Common Stock is listed on the New York Stock Exchange
and trades under the symbol NKE. At July 18, 2014, there were 32,758
holders of record of our Class B Common Stock and 21 holders of record of
our Class A Common Stock. These figures do not include beneficial owners
who hold shares in nominee name. The Class A Common Stock is not
publicly traded but each share is convertible upon request of the holder into
one share of Class B Common Stock. The following tables set forth, for each
of the quarterly periods indicated, the high and low sales prices for the Class B
Common Stock as reported on the New York Stock Exchange Composite
Tape and dividends declared on the Class A and Class B Common Stock. All
share and per share amounts presented are reflective of the two-for-one
stock split that began trading at the split adjusted price on December 26,
2012.
Fiscal 2014 (June 1, 2013 — May 31, 2014) High Low
Dividends
Declared
First quarter $ 66.85 $ 59.11 $ 0.21
Second quarter 79.87 63.50 0.24
Third quarter 80.26 69.85 0.24
Fourth quarter 80.09 70.60 0.24
Fiscal 2013 (June 1, 2012 — May 31, 2013) High Low
Dividends
Declared
First quarter $ 54.32 $ 43.89 $ 0.18
Second quarter 50.42 45.30 0.21
Third quarter 55.55 48.46 0.21
Fourth quarter 65.91 53.49 0.21
The following table presents a summary of share repurchases made by NIKE during the quarter ended May 31, 2014. During the second quarter of fiscal 2013,
the Company completed the previous four-year, $5 billion share repurchase program approved by our Board of Directors in September 2008. During the prior
program, the Company purchased a total of 118.8 million shares at an average price of $42.08 per share. Following the completion of this program, the Company
began repurchases under the four-year, $8 billion share repurchase program approved by the Board in September 2012.
Period
Total Number of
Shares Purchased
Average Price
Paid per Share
Total Number of Shares
Purchased as Part of Publicly
Announced Plans or Programs
Maximum Number (or Approximate
Dollar Value) of Shares that May
Yet Be Purchased Under the
Plans or Programs
(In millions)
March 1 — March 31, 2014 2,775,000 $ 77.68 2,775,000 $ 5,280
April 1 — April 30, 2014 4,797,224 $ 73.16 4,797,224 $ 4,929
May 1 — May 31, 2014 4,709,740 $ 73.40 4,709,740 $ 4,583
12,281,964 $ 74.27 12,281,964
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