01.10.2014 - Adidas has become much more interesting for investors
The price of the German company Adidas rose sharply today in connection with the news that the manufacturer of sportswear and accessories will pay to the holders of shares 1.5 billion euros by the end of 2017. The company plans to buy back its shares on the market at the expense of free cash. Share repurchase program of the company is in addition to the previously announced dividend policy at the level of 20-40% of the profits. We recommend buying shares of the company in connection with the growth of financial indicators and factors listed above. Growth potential to end of the year is over 20%.