On Holding (ONON) Outlines Ambitious Goals and $1B Buyback, Jumps 7.6%

On Holding AG Ltd. announced a $1 billion repurchase program spanning three years during its Investor Day presentation, focusing exclusively on Class A ordinary shares. The initiative reflects confidence in the company’s financial position and represents part of a broader effort to enhance shareholder returns.
The athletic footwear and apparel company raised its medium-term growth outlook through 2029, targeting net sales growth in the high teens on a constant currency basis. Absolute net