Aug. 19 at 9:47 PM
$NKE Nike could modestly resume repurchases (e.g., a few hundred million) under its existing authorization without committing the full
$1 billion in tariff refunds, continue the dividend, and keep the rest as a buffer or for reinvestment. Management has indicated future buybacks will depend on market conditions, operating cash flow, and capital needs—exactly the framework that would apply here.