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Avoid Nike Because Of Its New $12 Billion Share Buyback Plan

2015-11-26 20:09:41| Apparel - Topix.net

Shares of sports apparel and footwear giant Nike posted a new all-time high during yesterday's trading session as investors remain willing to buy the stock. Surely, Nike's announcement of a new share buyback program and dividend hike resulted in a positive sentiment and fueled the willingness to buy the stock even near an all-time high.

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