DGAP-Adhoc adidas intends to resume dividend payments
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DGAP-Ad-hoc: adidas AG / Key word(s): Dividend Herzogenaurach, February 22, 2021 |
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AD-HOC: adidas intends to resume dividend payments
The adidas AG Executive Board decided today to resume the company's dividend payments. Subject to the approval by the Supervisory Board, the company will propose paying a dividend of € 3.00 per
dividend-entitled share for the financial year 2020 to adidas shareholders at the Annual General Meeting (AGM) on May 12, 2021. The dividend proposal, which reflects the company's strengthened
financial profile as well as Management's positive outlook for the current year, would result in a total dividend payout of € 585 million.
The decision follows a series of financing measures, including obtaining strong investment-grade ratings, issuing bonds worth €1.5 billion and securing a new syndicated loan of €1.5 billion with partner banks, that adidas had successfully completed throughout the past year.
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For more information, please visit adidas-group.com.
22-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | adidas AG |
| Adi-Dassler-Straße 1 | |
| 91074 Herzogenaurach | |
| Germany | |
| Phone: | +49 9132 84 0 |
| Fax: | +49 9132 84 2241 |
| Internet: | www.adidas-group.com |
| ISIN: | DE000A1EWWW0, US00687A1079, US00687P1049 |
| WKN: | A1EWWW, A0MNCC , 909676 |
| Indices: | DAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1170026 |
| End of Announcement | DGAP News Service |
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1170026 22-Feb-2021 CET/CEST
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