NKE » Topics » Item 5. Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

This excerpt taken from the NKE 10-K filed Jul 28, 2006.

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 25, 2006, there were 19,348 holders of record of our Class B Common Stock and 18 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.

We refer to the table entitled “Selected Quarterly Financial Data” in Item 6, which lists, for the periods indicated, the range of high and low stock prices on the New York Stock Exchange. That table also describes the amount and frequency of all cash dividends declared on our Class B Common Stock for the 2006 and 2005 fiscal years.

The following table presents a summary of share repurchases made by NIKE during the quarter ended May 31, 2006 under the four-year $1.5 billion share repurchase program authorized by our Board of Directors and announced in June 2004.

 

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, 2006

  660,000   $ 85.59   660,000   $ 369.0

April 1 — April 30, 2006

  873,300   $ 82.76   873,300     296.7

May 1 — May 31, 2006

  1,667,600   $ 80.42   1,667,600     162.6
               

Total

  3,200,900   $ 82.12   3,200,900  
               

 

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