(Reuters) - Nike Inc , the world's largest sportswear maker, said it has approved a new $8 billion program to repurchase shares of its Class B common stock.
The new four-year share repurchase plan will commence once the company's current $5 billion share buyback program is completed during the second quarter of fiscal 2013, Nike said.
"Over the past 10 years, Nike has returned $10 billion to shareholders through the repurchase of more than 167 million shares," Chief Executive Mark Parker said in a statement.
(Reporting by Sakthi Prasad in Bangalore; Editing by Chris Gallagher)
Relacionados
- Ciclismo.- El Ayuntamiento de Onda declara un día de luto oficial por el fallecimiento de Víctor Cabedo
- El Ayuntamiento de Onda declara un día de luto oficial por el fallecimiento del ciclista Víctor Cabedo
- El Gobierno paquistaní declara un día festivo en honor de Mahoma
- Lasquetty se declara "absolutamente a disposición" de Ignacio González
- Unasur se declara "muy comprometida" con elecciones en Paraguay
