Other Capital Market Information | 1 February 2017 15:03
adidas AG / Share Buyback
01.02.2017 / 15:03
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.
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Herzogenaurach, February 1, 2017
adidas AG: Disclosure pursuant to Art. 5 Sec. 1 lit. b) and Sec. 3 of the
Regulation (EU) No 596/2014 (MAR) in conjunction with Art. 2 Sec. 2 and
Sec. 3 of the Commission Delegated Regulation (EU) No 2016/1052
Purchase of Treasury Shares / Announcement of Completion of Third Tranche,
and 13th Interim Announcement
On November 7, 2016, pursuant to Art. 2 Sec. 1 of the Commission Delegated
Regulation (EU) No 2016/1052, adidas AG announced the commencement of a
third tranche, starting on November 8, 2016, of the share buyback programme
resolved upon on October 1, 2014 and initiated on November 7, 2014. The
third tranche with an aggregate acquisition cost of up to EUR 300 million
(excluding incidental purchasing costs), however in total no more than
3,000,000 treasury shares of adidas AG, to be repurchased exclusively via
the stock exchange over a period of time not to extend beyond January 31,
2017, was completed on January 31, 2017.
The total number of shares bought back daily in the period from January 30,
2017 up to and including January 31, 2017 and the daily volume-weighted
average stock market price of the shares are as follows:
Date Total volume of Volume-weighted average
shares bought back stock market price (EUR)1)
(number)
January 30, 2017 22,757 151.6000
January 31, 2017 23,176 149.4484
In total 45,933 150.5144
1) excluding incidental purchasing costs, commercially rounded to 4 decimal
places
The total number of the shares bought back within the framework of the
third tranche of the share buyback programme in the period from November 8,
2016 up to and including January 31, 2017 amounts to 2,128,200 shares. This
corresponds to a notional amount of EUR 2,128,200 in the nominal capital
and consequently to 1.02% of adidas AG's nominal capital. The average
purchase price per share was EUR 140.96. A total price of EUR 299,999,851
(excluding incidental purchasing costs) was paid to buy back the shares.
The purchase of the adidas AG shares was carried out by a bank assigned by
adidas AG and exclusively via the Frankfurt Stock Exchange (XETRA trading).
The total number of shares bought back so far by adidas AG within the
framework of the share buyback programme resolved upon on October 1, 2014
and initiated on November 7, 2014 amounts to 11,146,969 shares. This
corresponds to a notional amount of EUR 11,146,969 in the nominal capital
and consequently to 5.33% of adidas AG's nominal capital.
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, also on
the first and second tranche of the share buyback programme, is available
online under http://www.adidas-group.com/s/sharebuyback.
adidas AG reserves the right to continue the share buyback programme in the
future with the parameters published in the ad hoc notification of October
1, 2014.
Herzogenaurach, February 1, 2017
adidas AG
The Executive Board
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Language: English
Company: adidas AG
Adi-Dassler-Straße 1
91074 Herzogenaurach
Germany
Internet: www.adidas-group.com
End of News DGAP News Service