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Adidas launches new share buyback as demand booms

Reuters2021-06-29

BERLIN (Reuters) - Adidas will launch a new share buyback programme starting July 1 worth up to 550 million euros ($653.62 million), the German sportswear company said on Tuesday.

The move is part of plans announced by Adidas earlier this year to return up to 9 billion euros to its shareholders in the next five years, through dividend payouts of between 30% and 50% of net income from continuing operations, along with share buybacks.

Adidas last month raised its 2021 sales forecast as it expects a resumption of big sporting events to drive demand.

Shares in Adidas were up 2.5% after the news.

($1 = 0.8415 euros)

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评论22

  • CleavonFx
    ·2021-06-30
    .
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    查看更多 2 条评论
  • peterongwk
    ·2021-06-29
    Up
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    • peterongwk
      Cool
      2021-06-29
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    • Ljoney
      Like n comment pl
      2021-06-30
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  • ken84shin
    ·2021-06-29
    Nice..
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  • ANNON
    ·2021-06-29
    noice
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  • Hengfc
    ·2021-06-29
    Yessss
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  • Autoph
    ·2021-06-29
    Commenting
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    • 5378336e
      Done
      2021-06-30
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  • soulestis
    ·2021-06-29
    Nice
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  • HCB
    ·2021-06-29
    good
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    • the_ed
      Nice
      2021-06-29
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  • ChrisYCC
    ·2021-06-29
    [得意] 
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  • 791b9a29
    ·2021-06-29
    Nice
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  • SweetVivi
    ·2021-06-29
    Good
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  • HWChua1961
    ·2021-06-29
    Consumer divert svc spending to goods purchase
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  • yksim
    ·2021-06-29
    Nice share
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  • SweetVivi
    ·2021-06-29
    Gd
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  • ShiXuan
    ·2021-06-29
    Meh
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  • SL118
    ·2021-06-29
    Niceee
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  • SL118
    ·2021-06-29
    Gogogo adidas
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  • ShiXuan
    ·2021-06-29
    Meh
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  • Ultraviolet
    ·2021-06-29
    Nice
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    • FSYE
      noice
      2021-06-29
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  • Jaslen
    ·2021-06-29
    Like and comment please 
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    • 3SPY
      Good
      2021-06-29
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    • Autoph
      Ok
      2021-06-29
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