Categories: Business

Adidas plans $1.2 billon share buyback in 2026

Jan 29 (Reuters) – German sportswear maker Adidas said on Thursday that it plans to buy back shares worth up to 1 billion euros ($1.20 billion) in 2026 as its preliminary fourth-quarter revenue increased 11% to around 6.08 billion euros. ($1 = 0.8367 euros) (Reporting by Gursimran Kaur in Bengaluru; Editing by Pooja Desai)

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