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adidas AG (ADDDF)

Other OTC - Other OTC Delayed price. Currency in USD
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347.01-4.69 (-1.33%)
At close: 3:44PM EST
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Trade prices are not sourced from all markets
Previous close351.70
Bid0.00 x 0
Ask0.00 x 0
Day's range346.51 - 353.99
52-week range172.25 - 406.19
Avg. volume1,386
Market cap68.423B
Beta (5Y monthly)0.83
PE ratio (TTM)38.96
EPS (TTM)8.91
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date13 May 2021
1y target est325.00
  • Klarna Said to Raise Up to $1 Billion at $31 Billion Valuation

    Klarna Said to Raise Up to $1 Billion at $31 Billion Valuation

    (Bloomberg) -- Klarna Bank AB is raising funds valuing the Swedish fintech startup at around $31 billion, roughly tripling the company’s valuation after its most recent round in September.The Stockholm-based company is raising around $800 million and up to $1 billion, the people said, adding the round could be announced in the coming days. Existing investors are participating ahead of a potential public listing next year, said the people, who asked not to be identified because the matter is private.A Klarna spokesperson declined to comment.The fresh funding would recrown the Swedish company as Europe’s most valuable startup after payments business was valued at $15 billion. Klarna in September had brought in $650 million in equity funding from investors led by Silver Lake, then valuing it at $10.65 billion. Other existing backers include Sequoia Capital Singapore’s sovereign wealth fund GIC, BlackRock Inc. and HMI Capital.Klarna Chief Executive Officer Sebastian Siemiatkowski has previously indicated the company would look to publicly list in the near future but has held back on giving any precise timing.The Swedish company’s success in online payments has made it an important challenger to traditional credit cards and firms like PayPal Holdings Inc. and Square Inc. The firm has also benefited from an accelerated shift to e-commerce during the pandemic.Klarna has risen in popularity, especially in the U.S., in large part thanks to its buy-now-pay-later service. The offering lets customers pay through interest-free installments when they shop brands like H&M or Adidas, while retailers pay Klarna a cut of purchases.But Klarna and other buy-now-pay-later services are increasingly coming under scrutiny from regulators on concerns they allow customers to spend more than they can afford.The U.K. in early February said it would start regulating the sector. Still, the prospect of tighter regulation hasn’t appeared to dampen investors’ appetite for Klarna, and the company said it would welcome more modern rules.Swedish technology news outlet Breakit previously reported the company was raising another round of funding.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • EQS Group

    adidas intends to resume dividend payments

    adidas AG / Key word(s): Dividendadidas intends to resume dividend payments22-Feb-2021 / 12:56 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Herzogenaurach, February 22, 2021AD-HOC: adidas intends to resume dividend paymentsThe 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 Tel.: +49 (0) 9132 84-2352 Tel.: +49 (0) 9132 84-2920 For more information, please visit CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at Language: English Company: adidas AG Adi-Dassler-Straße 1 91074 Herzogenaurach Germany Phone: +49 9132 84 0 Fax: +49 9132 84 2241 Internet: 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

  • Adidas confirms plans to sell Reebok
    The Guardian

    Adidas confirms plans to sell Reebok

    Adidas confirms plans to sell Reebok. Decision to offload struggling sportswear brand forms part of five-year growth strategy