Adidas AG: Release of a capital market information
January 17, 2022 at 04:14 pm IST
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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
17.01.2022 / 11:42
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 - 1st 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)
10/01/2022
83,000
XETR
245.5491
10/01/2022
CEUX
10/01/2022
TQEM
11/01/2022
67,500
XETR
256.0519
11/01/2022
CEUX
11/01/2022
TQEM
12/01/2022
97,000
XETR
253.6537
12/01/2022
CEUX
12/01/2022
TQEM
13/01/2022
90,000
XETR
255.5794
13/01/2022
CEUX
13/01/2022
TQEM
14/01/2022
73,513
XETR
252.8629
14/01/2022
CEUX
14/01/2022
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 14/01/2022 amounts to
411,013
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
17.01.2022 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%).