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As a four-year total $ 5 billion stock repurchase program approved by the Board of Directors in September 2008 as part of Nike in the second quarter at a price of approximately $ 280 million to repurchase 3.5 million shares stock. By the end of the second quarter, Nike has repurchased 17.4 million shares, the use of funds of about $ 1.3 billion. Nike by cutting jobs, pause to recruit new employees and manage inventory and other strategic adjustments to cut costs in order to survive the economic crisis. May the company proposed a global long-term strategy, including the 2015 annual revenue growth to more than 5%, the medium-term earnings per share to around 15%. The company plans in 2015 to reach the various brands of revenue $ 27 billion.





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