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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 19, 2013, there were 30,586
holders of record of our Class B Common Stock and 19 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 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
Fiscal 2012 (June 1, 2011 — May 31, 2012) High Low
Dividends
Declared
First Quarter $ 46.83 $ 39.29 $ 0.16
Second Quarter 48.38 41.25 0.18
Third Quarter 53.96 46.69 0.18
Fourth Quarter 57.20 52.17 0.18
The following table presents a summary of share repurchases made by NIKE during the quarter ended May 31, 2013. 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 Dollar Value of Shares
that May Yet Be Purchased
Under the Plans or Programs
(In millions)
March 1 — March 31, 2013 2,198,417 $ 54.51 2,198,417 $ 7,333
April 1 — April 30, 2013 1,573,111 $ 59.30 1,573,111 $ 7,239
May 1 — May 31, 2013 450,000 $ 63.18 450,000 $ 7,211
4,221,528 $ 57.22 4,221,528
NIKE, INC. 2013 Annual Report and Notice of Annual Meeting 61
FORM 10-K