{"id":2101,"date":"2008-10-10T10:50:45","date_gmt":"2008-10-10T17:50:45","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=2101"},"modified":"2008-10-10T10:51:04","modified_gmt":"2008-10-10T17:51:04","slug":"nike-buying-back-5-billion-in-stock","status":"publish","type":"post","link":"https:\/\/www.boardistan.com\/?p=2101","title":{"rendered":"Nike Buying Back $5 Billion In Stock"},"content":{"rendered":"<p>With the markets crashing, what better time for companies to invest in themselves. This appears to be the rationale of the <strong>Nike<\/strong> board of directors as they approved a four year plan to buy back $5 billion in Nike common stock.<\/p>\n<blockquote><p>We are pleased to extend Nike\u2019s track record of returning value to shareholders through sustained share repurchases,\u201d said Mark Parker, NIKE, Inc. President and CEO. \u201cOver the past 10 years, NIKE, Inc. has returned $5.5 billion to shareholders through the repurchase of more than 157 million shares. This new share repurchase program demonstrates our continued confidence in Nike\u2019s long-term growth prospects and financial strength.<\/p><\/blockquote>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.businesswire.com\/portal\/site\/google\/?ndmViewId=news_view&amp;newsId=20080922005783&amp;newsLang=en\" target=\"_blank\">Business Wire<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the markets crashing, what better time for companies to invest in themselves. This appears to be the rationale of the Nike board of directors as they approved a four year plan to buy back $5 billion in Nike common stock. We are pleased to extend Nike\u2019s track record of returning value to shareholders through [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/2101"}],"collection":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2101"}],"version-history":[{"count":0,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/2101\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}