May. 18 at 7:49 AM
$NKE Nike’s
$18 billion share repurchase authorisation was approved by the Board in June 2022 as a four-year program. As of mid-May 2026, the company has used approximately
$12.1 billion, leaving about
$5.9 billion still available. The program is set to expire around mid-June 2026.
Buyback activity has slowed sharply in recent quarters amid the turnaround focus, with very limited repurchases in FY2026 so far.
The remaining capacity gives Nike meaningful flexibility to resume purchases at current depressed levels before the authorisation ends, and the Board has a history of approving new programs as needed.
This could be a very short term catalyst 🚀