Adidas 2001 Annual Report Download - page 14

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9
The Share
hold 2% , up from 1% in 2000. The remaining 31%
is held in smaller, undisclosed holdings including
retail investors and former management. In the prior
year, this group accounted for 33% of all shares.
These figures are estimates, based on annual owner-
ship analysis of the Company’s shares, last conducted
in June 2001. With no investor holding 5% or more
of outstanding shares, the free float of adidas-
Salomon shares is 100% .
Dividend at €0.92
After paying a dividend of €0.92 per share in the
prior year, the adidas-Salomon Executive Board
will this year again recommend paying a dividend
of €0.92 per share to shareholders at the Annual
General Meeting on May 8, 2002. The proposal
represents a total payout of approximately
€42 million and a total payout ratio of 20% .
This is at the top end of the Company’s dividend
policy, which recommends a payout ratio of between
15 and 20% of consolidated net income. This year’s
return to the established dividend policy was
announced early in 2001. By remaining at the top
end of the range, Management wants to underline
its determination and ability to deliver on stated
objectives and to focus strategy and operations
on increasing the Group’s value for shareholders.
Improving Investor Understanding
In 2001, adidas-Salomon Investor Relations activities
focused on communicating new Management’s goals
and strategies. In extensive contact with the financial
community, increased emphasis was placed on new
corporate strategies as well as new technologies,
brand concepts and product lines. The central event
in the context of these efforts was the Investor Day
in July 2001. As a result, investors and financial
analysts now have greater insight and understanding
of the Group’s products, concepts and strategies.
Other Investor Relations Activities
Additionally, the Company has continued to extend
and improve its dialog with both individual and insti-
tutional investors through more frequent meetings,
presentations, and conferences. adidas-Salomon
now webcasts all its analyst conferences as well as
Investor Day presentations and the Annual General
Meeting for shareholders. This ensures full disclosure
to all interested parties. In 2001, Investor Relations
improved and expanded its internet site, integrating
it into the Company website. As a result, investor-
relevant information is now more easily accessible
and far more comprehensive. The new internet
address is www.adidas-Salomon.com/en/ir/. In addition
to all the latest Company facts and figures, interested
parties can sign up for the Investor Relations news-
letter to receive investor news, quarterly reports and
regular updates. An interactive HTML version of this
annual report is also available.
Share Information 2001 2000
(in euros)
Per share
Income 4.60 4.01
Dividend 0.92* 0.92
Shareholders’ equity 22.37 17.98
Year-end price 84.30 66.00
High 84.30 73.10
Low 47.70 49.81
Dividend payout 41,721,264 41,721,264
Dividend payout ratio 20% 23%
Price-earnings ratio 18.33 16.46
Dividend yield 1.1% 1.4%
* Subject to Annual General Meeting approval
Number of
shares outstanding 45,349,200
Free float 100%
Type of share No-par-value share
Initial Public Offering November 17, 1995
Stock exchange Frankfurt, Paris
Stock registration
number 500 340
Important indices DAX-30
CDAX-Consumer-Cyclical
Index
Dow Jones Stoxx
Dow Jones Euro Stoxx