“Today’s announcement demonstrates our ongoing commitment to delivering shareholder value,” said Mark Parker, President and CEO of NIKE, Inc. “Over the last decade NIKE has returned over $15 billion to shareholders through dividend payments and share repurchases. Today’s increase reflects the strength of our balance sheet and the confidence we have in our strategies to generate sustainable, profitable growth and strong cash flows that allow us to invest for the future and return cash to shareholders.”*
About NIKE, Inc.
NIKE, Inc. based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly-owned Nike subsidiaries include Converse Inc., which designs, markets and distributes athletic lifestyle footwear, apparel and accessories and Hurley International LLC, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories. For more information, Nike’s earnings releases and other financial information are available on the Internet at http://investors.nikeinc.com and individuals can follow @Nike.