Adidas will redeem shares
03.10.2014 4076

Adidas will redeem shares

Adidas is launching a multi-year stock repurchase program worth 1,5 billion euros (1,9 billion dollars). The first operations will take place in the fourth quarter of this year, the entire program will last until December 31 2017. The company intends to return up to 10% of the authorized capital on the stock exchange. The company promises to pay its shareholders annual dividends in the amount of 20% to 40% of net profit. The stock return program will be funded primarily from the company's free cash flow. Recall that the group's revenue in the second quarter of 2014 decreased by 2,4% to 3,465 billion euros; net profit fell by 16% and amounted to 144 million euros.

Adidas is launching a multi-year stock repurchase program worth € 1,5 billion ($ 1,9 billion).

Latest News

OR GROUP: In January, Westfalika's online sales reached 62 million rubles.

OR GROUP reports that in January 2021, the share of online sales in the revenue of the marketplace created on the basis of the Westfalika retail network increased by 23,4%. Online sales reached RUB 62 million. The assortment of the trading platform (retail chain and ...
26.02.2021 57

Brunello Cucinelli has diluted a cozy boho style with outdoor shoes

In the new women's collection of the Italian luxury brand Brunello Cucinelli, which was presented online at Milan Fashion Week on February 24, multi-layered cozy garments made of knitwear, cashmere, mohair and silk are unexpectedly combined with ...
26.02.2021 75

Euro Shoes Premiere Collection will begin work on March 1 at the Main Stage art space

Moscow's leading Professional International Footwear Exhibition Euro Shoes Premiere Collection will be held in the capital from March 1 to 4. We remind you that the exhibition is held in the Main Stage art space (Sharikopodshipnikovskaya st., 13, p. 33).
25.02.2021 91

Shoes Report Youtube Channel: Interview with Sales Director Marco Tozzi, Eldar Schaffner

Eldar Schaffner, Sales Director of Marco Tozzi in Russia, spoke with Shoes Report editor Marina Shumilina about the specifics of the 2020 crisis, a new collection, new strategic decisions and plans for the future.
25.02.2021 108

Econika created a light mood in the spring-summer 2021 season

In the spring-summer 2021/22 season, the Econika shoe and accessories brand has released a delicate, feminine and not boring collection. Without abandoning their love for creative experiments with forms, the brand's designers have kept the right balance. Pleased with the presence ...
25.02.2021 304
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning