Public Disclosure according to Article 4 sec. 4 of Regulation (EC) No. 2273/2003 - Final Report
Herzogenaurach (euro adhoc) -
adidas AG Completes Share Buyback
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
shares/share buyback
Herzogenaurach, October 27, 2008 - The share buyback program, which the Executive Board of adidas AG commenced on January 30, 2008 on the basis of the authorization granted by the Annual General Meeting on May 10, 2007 to repurchase adidas shares and which was continued on May 21, 2008 on the basis of the authorization granted by the Annual General Meeting on May 8, 2008 to repurchase adidas shares, has been completed. Within this share buyback program, a total of 10,182,248 shares were purchased for a total amount of EUR 409,386,896.07 (excluding incidental purchasing costs) between January 30, 2008 and October 22, 2008. This corresponds to an average purchase price of EUR 40.21 per share.
The share buyback program was conducted on the basis of two authorizations. From January 30, 2008 up to and including May 2, 2008, adidas AG purchased 5,511,023 shares for a total amount of EUR 229,948,950.18 (excluding incidental purchasing costs) on the basis of the authorization granted by the Annual General Meeting on May 10, 2007. This corresponds to 2.71% of the stock capital of adidas AG at the time of the Annual General Meeting on May 10, 2007. The average purchase price was EUR 41.73 per share.
On May 21, 2008, the share buyback program was continued on the basis of the authorization to repurchase adidas shares granted by the Annual General Meeting on May 8, 2008. The total number of shares repurchased on the basis of this authorization up to October 22, 2008 amounted to 4,671,225. This corresponds to 2.29% of the stock capital at the time of the Annual General Meeting on May 8, 2008. The total amount (excluding incidental purchasing costs) was EUR 179,437,945.89, the average purchase price per share EUR 38.41.
The buyback was announced on January 29, 2008 pursuant to § 4 section 2 of the Regulation (EC) 2273/2003.
The purchase of shares in adidas AG was conducted by banks instructed by adidas solely via the stock exchange in the electronic market trading system of the Frankfurt stock exchange (Xetra).
Information on the transaction pursuant to § 4 sections 3, 4 of the Regulation (EC) 2273/2003 is published on the website of adidas AG (www.adidas-Group.com/sharebuyback).
end of announcement euro adhoc
Further inquiry note:
Dennis Weber
Investor Relations Manager
Tel.: +49 (0)9132 84 4989
E-Mail: dennis.weber@adidas-Group.com
Branche: Recreational & Sports goods
ISIN: DE0005003404
WKN: 500340
Index: DAX, CDAX, HDAX, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade