CMS: adidas AG: Release of a capital market information
October 04, 2022 at 04:20 am EDT
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EQS 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 – 17th Interim Announcement
adidas AG: Release of a capital market information
04.10.2022 / 10:18 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 – 17th 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)
26/09/2022
92,883
XETR
131.1836
27/09/2022
159,947
XETR
128.8661
28/09/2022
190,966
XETR
127.6315
28/09/2022
99,408
CEUX
129.2656
28/09/2022
13,584
TQEX
129.2724
29/09/2022
195,731
XETR
126.4943
29/09/2022
102,868
CEUX
126.4141
29/09/2022
13,878
TQEX
126.3811
30/09/2022
182,598
XETR
118.5403
30/09/2022
84,038
CEUX
118.3732
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 30, 2022 amounts to
8,242,899
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
04.10.2022 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%).