adidas today announced the continuation of its share buyback program announced in January 2026. In a second tranche starting on June 23, the company intends to repurchase own shares worth up to € 500 million by the end of September 2026 at the latest.

In total, under the current program, adidas plans to buy back own shares for up to € 1.0 billion in 2026. In the first tranche in February and March, the company had already bought back 3.3 million shares, corresponding to 1.8% of the company’s share capital, for a total consideration of € 500 million.

The share buyback complements adidas’ stated policy to pay an annual dividend to shareholders in the range of 30% to 50% of net income from continuing operations. Taking into consideration the dividend payment of € 491 million for the financial year 2025, which was made in May, the company will return a total amount of cash of € 1.5 billion to its shareholders in 2026.

adidas intends to cancel the repurchased shares.