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What the Nike Stock Split Means for Investors Now

2015-11-23 21:32:05| Footwear - Topix.net

On the heels of its most profitable year ever, Nike Inc. announced a $12 billion stock repurchase program, a two-for-one Nike stock split , and a dividend increase. Nike's trifecta of good news came after the company projected last month it would increase annual sales by about 60% to $50 billion by 2020.

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