243
Fashion Jobs
L'OREAL GROUP
Head of Advocacy & Influence - l’Oréal Dermatological Beauty - Copenhagen
Permanent · COPENHAGEN
ESTÉE LAUDER COMPANIES
District Manager (Funen/Jutland)
Permanent · AARHUS
ESTÉE LAUDER COMPANIES
Handelselev Med Speciale i Digital Handel - E-Commerce
Permanent · COPENHAGEN
ZIZZI
Online Buyer Til Fashion
Permanent · BILLUND
SAMSOE
Logistik Koordinator
Permanent · GLOSTRUP
ONLY
Business Controller
Permanent · BRANDE
ONLY
International Sales Manager
Permanent · BRANDE
JACK & JONES
Konstruktører, Jack & Jones og Jjxx
Permanent · BRANDE
BEST SELLER
Environmental Programme Coordinator
Permanent · KØBENHAVN K
BEST SELLER
Product Owner - Data-Driven Solutions & ai
Permanent · AARHUS
SELECTED FEMME/HOMME
Sales Representative
Permanent · BRANDE
L'OREAL GROUP
Key Account Relationship Specialist
Permanent · COPENHAGEN
SAMSOE
Business Controller (Sql And Data Analytics Specialist)
Permanent · COPENHAGEN
ACE & TATE
Optometrist Copenhagen i NY Østergade
Permanent · COPENHAGEN
VERO MODA
Business Controller
Permanent · AARHUS
VERO MODA
Buyer | Curve
Permanent · AARHUS
ONLY
Demand Planner
Permanent · BRANDE
L'OREAL GROUP
Supply Chain Graduate - l’Oréal Luxe Product Division - Copenhagen
Permanent · COPENHAGEN
KERING EYEWEAR
Kering Eyewear - Lindberg Junior Trade Marketing Manager
Permanent · AARHUS
ESPRIT
Area Manager Multilabel Nordic Women
Permanent · COPENHAGEN
ZIZZI
IT Operations Manager
Permanent · BILLUND
TJX EUROPE
Buying Coordinator
Permanent · COPENHAGEN
By
Reuters API
Published
Mar 13, 2018
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Adidas to buy back up to $3.7 billion of its shares

By
Reuters API
Published
Mar 13, 2018

Adidas plans to buy back up to 3 billion euros ($3.72 billion or 2.66 billion pounds) of its shares by May 11, 2021, including up to 1 billion euros this year, it said on Tuesday.


Reuters

The German sportswear company, which has a market capitalisation of about 35 billion euros, said it ‍intends to cancel the vast majority of the repurchased shares and will finance the buyback with its current net cash and expects strong cash flow in coming years.

After a strong performance in 2016, Adidas shares have sagged in recent months after disappointing third-quarter results, trading at a discount to rival Nike despite stronger sales growth. It reports fourth-quarter results on Wednesday.

Adidas said in a statement that the ‍new buyback is in addition to company's policy to pay a dividend in the range of 30-50 percent of net income from continuing operations.

 

 

 

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