Adidas AG: Release of a capital market information
September 05, 2022 at 02:31 am EDT
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DGAP Post-admission Duties announcement: adidas AG
/ Disclosure pursuant to Article 2 (1) of Commission Delegated Regulation (EU) No 2016/1052 supplementing Regulation (EU) No 596/2014 (MAR)
adidas AG: Release of a capital market information
05.09.2022 / 08:30 CET/CEST
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, September 5, 2022
Disclosure pursuant to Article 2 (1) of Commission Delegated
Regulation(EU)No2016/1052 supplementing Regulation (EU) No596/2014 (MAR)
Purchase of own shares
adidas AG (the "Company") continues its share buyback as announced via press release on March 1, 2022, and subsequent disclosure on March 14, 2022, as well as May 16, 2022, under which it repurchases own shares (maximum of 11,582,237 shares) with acquisition costs of up to € 1.5 billion in total (excluding incidental purchasing costs) via the stock exchange and/or a multilateral trading facility within the meaning of § 2 (6) German Stock Exchange Act (Börsengesetz) until October 31, 2022, in order to return the cash proceeds from the Reebok divestiture to its shareholders. This buyback is in addition to the Company’s multi-year share buyback program of up to € 4 billion between 2022 and 2025. The first tranche of this program was launched on January 10, 2022, and completed on February 22, 2022. During that period, the company bought back shares for a total amount of € 1 billion.
adidas AG
The Executive Board
05.09.2022 CET/CEST 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%).
ADIDAS AG 
