DGAP Post-admission Duties announcement: adidas AG / Share Buyback Herzogenaurach, December 11, 2018 adidas AG: Disclosure pursuant to Art. 5 Sec. 1 lit. b) and Sec. 3 of the Regulation (EU) No 596/2014 (MAR) in conjunction with Art. 2 Sec. 2 and Sec. 3 of the Commission Delegated Regulation (EU) No 2016/1052 / 1st Tranche - Announcement of Completion of First Tranche, and 34th Interim Announcement In the announcement of March 21, 2018 pursuant to Art. 2 Sect. 1 of the Commission Delegated Regulation (EU) 2016/1052 it was communicated that the repurchase of treasury shares within the framework of a first tranche would commence on March 22, 2018. The overall volume of the shares bought back daily in the period from December 3, 2018 up to and including December 4, 2018 and the daily volumeweighted average stock market prices of the shares are as follows:
1) Excluding incidental purchasing costs, rounded to four places according to commercial practice The first tranche with an aggregate acquisition cost of up to EUR 1 billion (excluding incidental purchasing costs) to be repurchased exclusively via the stock exchange over a period of time not to extend beyond December 31, 2018, was completed on December 4, 2018. The total number of the shares bought back within the framework of the first tranche of the share buyback programme in the period from March 22, 2018 up to and including December 4, 2018 amounts to 5,089,879 shares. This corresponds to a notional amount of EUR 5,089,879 in the nominal capital and consequently to 2.54% of adidas AG' s nominal capital. The average purchase price per share was EUR 196.45. A total price of EUR 999,885,164.42 (excluding incidental purchasing costs) was paid to buy back the shares. Further information pursuant to Art. 5 Sec. 1 lit. b) and Sec. 3 of the Regulation (EU) No 596/2014 in conjunction with Art. 2 Sec. 2 and Sec. 3 of the Commission Delegated Regulation (EU) No 2016/1052 is available online under http://www.adidas-group.com/s/sharebuyback. The purchase of the adidas AG shares was carried out by a bank assigned by adidas AG and exclusively via the Frankfurt Stock Exchange (XETRA trading). Herzogenaurach, December 11, 2018 adidas AG
11.12.2018 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | adidas AG |
Adi-Dassler-Straße 1 | |
91074 Herzogenaurach | |
Germany | |
Internet: | www.adidas-group.com |
End of News | DGAP News Service |
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