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Nike Sets 2-for-1 Stock Split, Boosts Dividend by 17%
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Nike Inc., the world’s largest sporting-goods company, announced a 2-for-1 stock split and boosted its dividend by 17 percent.
The split will increase the number of outstanding shares of Nike Class A and Class B common stock to about 178 million and 720 million, respectively, the Beaverton, Oregon-based company said today in a statement.