CMS: adidas AG: Release of a capital market information
September 26, 2022 at 06:47 am EDT
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EQS Post-admission Duties 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 – 16th Interim Announcement
adidas AG: Release of a capital market information
26.09.2022 / 12:45 CET/CEST
Dissemination of a Post-admission Duties announcement transmitted by EQS - 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 – 16th 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, May 16, 2022 and September 5th, 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)
19/09/2022
68,043
XETR
136.0735
20/09/2022
90,369
XETR
135.5186
21/09/2022
71,496
XETR
135.4845
22/09/2022
134,334
XETR
134.7909
23/09/2022
143,612
XETR
131.3238
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 September 23, 2022 amounts to
7,106,998
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
26.09.2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
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%).