Adidas AG: Release of a capital market information
May 23, 2022 at 07:40 am EDT
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DGAP Post-admission Duties announcement: adidas AG
/ adidas AG: Disclosure pursuant to Art. 5 Sec. 1 lit. b, Sec. 3 of Regulation (EU) No. 596/2014 (MAR) in conjunction with Art. 2 Sec. 1-3 of Commission Delegated Regulation (EU) No. 2016/1052
adidas AG: Release of a capital market information
23.05.2022 / 13:38
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.
adidas AG: Disclosure pursuant to Art. 5 Sec. 1 lit. b, Sec. 3 of Regulation (EU) No. 596/2014 (MAR) in conjunction with Art. 2 Sec. 1-3 of Commission Delegated Regulation (EU) No. 2016/1052 ? 6th Interim Announcement
adidas AG announced the start and the continuation of a share buyback program ("Share Buyback Program") via announcement pursuant to Art. 2 Sec. 1 of Commission Delegated Regulation (EU) No. 2016/1052 on March 14, 2022 and May 16, 2022.
The number of shares bought back daily and the volume-weighted average purchase prices are as follows:
Date
Aggregate number of shares
Trading Venue
Volume-weighted average purchase price (EUR)1)
16/05/2022
119,891
XETR
179.4730
17/05/2022
56,191
XETR
183.5895
18/05/2022
74,369
XETR
179.0488
19/05/2022
62,765
XETR
171.0609
20/05/2022
56,075
XETR
173.0621
1) Excluding incidental purchasing costs, rounded to 4 decimal places according to commercial practice.
The total number of shares bought back within the Share Buyback Program as of May 20, 2022 amounts to
3,089,161
Further information pursuant to Art. 5 Sec. 1 lit. b and Sec. 3 of Regulation (EU) No. 596/2014 in conjunction with Art. 2 Sec. 1-3 of Commission Delegated Regulation (EU) No. 2016/1052 is available under http://www.adidas-group.com/s/sharebuyback.
adidas AG
The Executive Board
23.05.2022 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%).