Adidas AG: Release of a capital market information
November 04, 2019 at 08:50 am EST
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DGAP Post-admission Duties announcement: adidas AG
/ Share Buyback
adidas AG: Release of a capital market information
04.11.2019 / 14:45
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, November 04, 2019
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. 1, Sec. 2 and Sec. 3 of the Commission Delegated Regulation (EU) No 2016/1052 / 2nd Tranche - 40th Interim Announcement
In the announcement of January 7, 2019 pursuant to Art. 2 Sec. 1 of the Commission Delegated Regulation (EU) No 2016/1052 it was communicated that the repurchase of treasury shares within the framework of a second tranche would continue from January 7, 2019.
The overall volume of the shares bought back daily, and the daily volume-weighted average stock market prices of the shares are as follows:
Date
Overall volume of shares bought back (number)
Volume-weighted average stock market price (EUR)1)
October 28, 2019
8,000
EUR 277.8246
October 29, 2019
12,467
EUR 277.2124
October 30, 2019
9,709
EUR 275.1391
October 31, 2019
7,500
EUR 278.4430
November 01, 2019
7,531
EUR 279.1077
In total
45,207
EUR 277.3954
1) Excluding incidental purchasing costs, rounded to four places according to commercial practice.
The total number of shares bought back within the framework of the second tranche since January 7, 2019 amounts to
2,816,677
The total number of shares bought back within the framework of the share buyback program 2018-2021 since March 22, 2018 (including shares purchased in the second tranche) amounts to
7,906,556
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. 1, 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, November 04, 2019
adidas AG
The Executive Board
04.11.2019 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%).