What the Nike Stock Split Means for Investors Now

On the heels of its most profitable year ever, Nike Inc. (NYSE: NKE) 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. Here's what it all means for investors... Tags: Nike shares , Nike split , Nike stock , Nike stock price , Nike Stock split , NKE stock , NKE stock price , NKE stock split , NYSE: NKE , Stock Split To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post What the Nike Stock Split Means for Investors Now appeared first on Money Morning - We Make Investing Profitable .
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