Adidas AG: Amendment regarding disclosure pursuant to Article 2 Section 1 of the Commission Delegated Regulation (EU) No 2016/1052 supplementing Regulation (EU) No 596/2014 (MAR) - Trading Venues
June 25, 2019 at 05:55 am EDT
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DGAP Post-admission Duties announcement: adidas AG / Share Buyback
adidas AG: Amendment regarding disclosure pursuant to Article 2 Section 1 of the Commission Delegated Regulation (EU) No 2016/1052 supplementing Regulation (EU) No 596/2014 (MAR) - Trading Venues
25.06.2019 / 11:52
Dissemination of a Post-admission Duties announcement transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Herzogenaurach, June 25, 2019
adidas AG: Amendment regarding disclosure pursuant to Article 2 Section 1
of the Commission Delegated Regulation (EU) No 2016/1052 supplementing
Regulation (EU) No 596/2014 (MAR)
Trading Venues
By disclosure of January 7, 2019 pursuant to Article 2 Section 1 of the
Commission Delegated Regulation (EU) No 2016/1052, adidas AG announced the
continuation of the buyback of treasury shares in a second tranche of the
share buyback program 2018-2021 starting on January 7, 2019. The
information published in this respect is amended as follows:
To date, the adidas AG shares have been repurchased by a bank commissioned
by adidas AG exclusively via the Frankfurt Stock Exchange (XETRA trading).
In future, adidas AG reserves the right to carry out the share buyback also
via other trading venues in accordance with Article 3 Section 1 a) of the
Commission Delegated Regulation (EU) No 2016/1052.
Herzogenaurach, June 25, 2019
adidas AG
The Executive Board
25.06.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
adidas AG is one of the world leaders in the design, manufacturing and marketing of sports equipment and articles. The group's products are sold primarily under the following brands: adidas, TaylorMade and Reebok. Net sales (before intragroup eliminations) break down by family of products as follows:
- shoes (56.7%);
- clothing (36.4%);
- sports equipment (6.9%): golf equipment (golf clubs, balls, gloves, metal clubs, etc.; No. 1 worldwide; TaylorMade and Maxfli), bags, balls, etc.
At the end of 2023, the products are marketed through a network of more than 2,000 stores worldwide.
Net sales are distributed geographically as follows: Europe-Middle East and Africa (39.4%), North America (24.4%), China (15%), Latin America (10.7%) and Asia/Pacific (10.5%).