adidas intends to resume dividend payments
Herzogenaurach, February 22, 2021
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.
Contacts: ? Media Relations Investor Relations firstname.lastname@example.org Tel.: +49 (0) 9132 84-2352 email@example.com Tel.: +49 (0) 9132 84-2920 ?
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.deLanguage: English Company: adidas AG Adi-Dassler-Stra?e 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