Adidas AG: Release of a capital market information
January 24, 2022 at 02:17 pm
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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
24.01.2022 / 15:15
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) 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 - 2nd Interim Announcement
adidas AG announced the beginning of the first tranche of a share buyback program ("Share Buyback Program 2022-2025/I) via disclosure under Art. 2 Sec. 1 of the Commission Delegated Regulation (EU) No. 2016/1052 on January 10, 2022.
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)
17/01/2022
93,000
XETR
254.1371
17/01/2022
CEUX
17/01/2022
TQEM
18/01/2022
66,321
XETR
250.8364
18/01/2022
27,541
CEUX
254.4252
18/01/2022
TQEM
19/01/2022
80,000
XETR
255.8868
19/01/2022
CEUX
19/01/2022
TQEM
20/01/2022
100,000
XETR
255.4749
20/01/2022
CEUX
20/01/2022
TQEM
21/01/2022
130,000
XETR
250.9380
21/01/2022
20,000
CEUX
249.3453
21/01/2022
TQEM
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 2022-2025/I of as 21/01/2022 amounts to
927,875
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
24.01.2022 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%).