Adidas AG: Release of a capital market information
November 22, 2021 at 04:59 am EST
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DGAP Post-admission Duties announcement: adidas AG
/ Disclosure pursuant to Art. 5 Sec. 1 lit. b) and Sec. 3 of Regulation (EU) No. 596/2014 (MAR) in connection with Art. 2 Sec. 1, Sec. 2 and Sec. 3 of Commission Delegated Regulation (EU) No. 2016/1052
adidas AG: Release of a capital market information
22.11.2021 / 10:57
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.
Disclosure pursuant to Art. 5 Sec. 1 lit. b) and Sec. 3 of Regulation (EU) No. 596/2014 (MAR) in connection with Art. 2 Sec. 1, Sec. 2 and Sec. 3 of Commission Delegated Regulation (EU) No. 2016/1052 - 5th Interim Announcement
adidas AG announced the beginning of a share buyback program ("Share Buyback Program 2021/II") via announcement under Art. 2 Sec. 1 of the Commission Delegated Regulation (EU) No. 2016/1052 on October 15, 2021.
The number of the shares bought back daily and the daily volume-weighted average stock market prices of the shares are as follows:
Date
Aggregate number of shares
Trading Venue
Volume-weighted average purchase price (EUR)1)
15/11/21
2,866
XETR
281.4605
16/11/21
493
XETR
282.5259
18/11/21
69,472
XETR
282.7584
19/11/21
35,201
XETR
281.0698
1) Excluding incidental purchasing costs, rounded to four places according to commercial practice.
The total number of shares bought back within the Share Buyback Program 2021/II of as November 19th , 2021 amounts to
1,124,765
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.
adidas AG
The Executive Board
22.11.2021 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%).