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Adidas AG (ADSGn.DE)

ADSGn.DE on Xetra

280.20EUR
11 Oct 2019
Change (% chg)

€1.60 (+0.57%)
Prev Close
€278.60
Open
€278.70
Day's High
€280.35
Day's Low
€271.95
Volume
601,021
Avg. Vol
588,320
52-wk High
€296.75
52-wk Low
€178.15

Latest Key Developments (Source: Significant Developments)

Adidas more worried about US-China currency war than trade
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Adidas AG ::ADIDAS CEO SAYS EXPECTS EUROPE TO RETURN TO GROWTH BY END OF YEAR, U.S. SUPPLY SHORTAGES OVER BY YEAR END.ADIDAS CEO SEES Q3 GROWTH FASTER THAN Q2 AND Q4 TO BE FASTER THAN Q3.ADIDAS CEO SAYS MORE WORRIED ABOUT CURRENCY WAR BETWEEN U.S. AND CHINA THAN ABOUT TRADE WAR.ADIDAS CEO SAYS NO TALKS GOING ON TO SELL REEBOK.  Full Article

Adidas: Measures Against Bottlenecks To Take Effect Mainly In Q4
Friday, 3 May 2019 

May 3 (Reuters) - Adidas AG leadership in earnings call::CEO SAYS HE EXPECTS "TREMENDOUS" IMPACT FROM PARTNERSHIP WITH BEYONCE, FIRST PRODUCE LAUNCHES DUE BY END YEAR.CEO SAYS USING MORE AIR FREIGHT TO MITIGATE SUPPLY CHAIN SHORTAGES, WHICH HAS COST IMPLICATION.CEO SAYS STEPS TO MITIGATE SUPPLY CHAIN PROBLEMS SHOULD MEAN RETURN TO NORMAL GROWTH IN 2020.EFFORTS TO RESOLVE SUPPLY CHAIN BOTTLENECK TO TAKE EFFECT PARTICULARLY IN Q4.CEO EXPECTS ECOMMERCE TO KEEP GROWING 30-40 PERCENT FOR YEARS TO COME.CFO SEES MORE PRONOUNCED COSTS FROM AIR FREIGHT IN Q2 AND Q3, BUT ALREADY INCLUDED IN GUIDANCE.  Full Article

Adidas Names New Board Member For Global Operations
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Adidas AG ::MARTIN SHANKLAND TO SUCCEED GIL STEYAERT AS BOARD MEMBER GLOBAL OPERATIONS AT ADIDAS AG.  Full Article

Adidas Continues 3 Bln Euros Share Buyback Program
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Adidas AG ::ADIDAS CONTINUES SHARE BUYBACK PROGRAM WITH SECOND TRANCHE.THE COMPANY INTENDS TO REPURCHASE OWN SHARES WORTH AROUND € 800 MILLION IN 2019.UNDER THE CURRENT PROGRAM, ADIDAS PLANS TO BUY BACK OWN SHARES FOR UP TO € 3.0 BILLION BETWEEN MARCH 2018 AND MAY 2021.THE BUYBACK PROGRAM COMPLEMENTS ADIDAS’ POLICY TO PAY AN ANNUAL DIVIDEND TO SHAREHOLDERS IN THE RANGE OF 30% TO 50% OF NET INCOME FROM CONTINUING OPERATION.AVERAGE PURCHASE PRICE PER SHARE IN BUYBACK SCHEME WAS € 196.45.  Full Article

Adidas Completes First Tranche Of Share Buyback Program
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - ADIDAS AG ::COMPLETES FIRST TRANCHE OF SHARE BUYBACK PROGRAM.BOUGHT BACK 5.1 MILLION SHARES, CORRESPONDING TO 2.5% OF COMPANY’S SHARE CAPITAL, FOR A TOTAL CONSIDERATION OF € 1 BILLION.AVERAGE PURCHASE PRICE PER SHARE WAS € 196.45.  Full Article

Adidas Appoints New Chief Information Officer
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Adidas AG ::ADIDAS APPOINTS NEW CHIEF INFORMATION OFFICER.FUMBI CHIMA WILL TAKE OVER THE RESPONSIBILITY FOR THE IT DEPARTMENT ON JANUARY 1, 2019 AND REPORT TO CFO HARM OHLMEYER.FUMBI CHIMA SUCCEEDS MICHAEL VÖGELE, WHO LEFT THE COMPANY AT HIS OWN REQUEST.  Full Article

Adidas sales up in North America, Asia; down in Europe
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Adidas AG ::SAYS SALES UP CURRENCY-ADJUSTED 16 PERCENT IN NORTH AMERICA.SAYS SALES UP CURRENCY-ADJUSTED 15 PERCENT IN ASIA-PACIFIC.SAYS SALES DOWN CURRENCY-ADJUSTED 1 PERCENT IN WESTERN EUROPE.SAYS REMAINS FIRMLY ON TRACK TO ACHIEVE OUR LONG-TERM TARGETS UNTIL 2020.  Full Article

Adidas says convertible bond 2.7 times oversubscribed
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Adidas AG ::ADIDAS AG SUCCESSFULLY PLACES EQUITY-NEUTRAL CONVERTIBLE BOND.SAYS OFFERING WAS 2.7 TIMES OVERSUBSCRIBED.SAYS PROCEEDS OF OFFERING WILL BE USED FOR GENERAL CORPORATE PURPOSES AND, AS PREVIOUSLY ANNOUNCED, TO FINANCE A PORTION OF MULTI-YEAR SHARE BUYBACK.SAYS END OF SHARE REFERENCE PRICE PERIOD, EXPECTED TO TAKE PLACE ON OR AROUND SEPTEMBER 19,.  Full Article

Bookrunner Says Adidas Convertible Bond Issue Expected To Price At 104 Pct
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Adidas AG's Bookrunner ::BLOCKTRADE-ADIDAS AG: BOOKRUNNER SAYS TRANSACTION EXPECTED TO PRICE AT 104%; BOOKS OVERSUBSCRIBED AT THIS LEVEL; BOOKS CLOSE AT 1PM UK TIME.  Full Article

Bookrunner Says Guidance Issue Price Of 104 To 106 Pct on Adidas Convertible Bond Issue
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Adidas AG's Bookrunner::BLOCKTRADE-ADIDAS AG: BOOKRUNNER SAYS PRICE GUIDANCE ISSUE PRICE OF 104% - 106%.BLOCKTRADE-ADIDAS AG: BOOKRUNNER SAYS BOOKS ARE OVERSUBSCRIBED/COVERED WITHIN THIS RANGE.  Full Article

UPDATE 1-China's Topsports rises 8% in Hong Kong debut after $1 bln IPO

HONG KONG, Oct 10 Shares in Topsports International Holdings rose nearly 8% on debut in Hong Kong on Thursday after China's largest sportswear manufacturer raised $1.0 billion in an initial public offering (IPO) last week.