ONON ▲ +6.0% - On Holding AG $ONON AUTHORIZES $1 BILLION SHARE BUYBACK, SETS 2029 TARGETS Net sales of at least CHF 5.6B • Gross margin of at least 65% • Adjusted EBITDA margin of at least 22% The company also reiterated its 2026 adjusted EBITDA margin guidance of 19.5%-20%. On Holding announced a $1 billion share buyback program and raised its long-term financial targets, including net sales of at least CHF 5.6 billion and an adjusted EBITDA margin of at least 22% by 2029. The company also reaffirmed its 2026 adjusted EBITDA margin guidance of 19.5%-20%, signaling confidence in its growth trajectory and profitability expansion, which drove the 6.0% gain. 22-SEP-2026 05:38 AM ET