13.06.2014
United Internet AG DE0005089031
DGAP-Adhoc: United Internet decides to buy back further treasury shares
United Internet AG / Key word(s): Share Buyback
13.06.2014 11:39
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Montabaur, June 13, 2014. The Management Board of United Internet AG (ISIN
DE0005089031) today resolved to launch a new share buyback program. In the
course of this new share buyback program, up to 2,000,000 company shares
(corresponding to approx. 1.03% of capital stock) are to be bought back via
the stock exchange. The resolution follows the authorization of the Annual
Shareholders' Meeting of May 22, 2014 to buy back treasury shares
representing up to 10% of the company's capital stock. The authorization
was issued for the period up to September 22, 2017.
The Annual Shareholders' Meeting of May 22, 2014 revoked the former
authorization of May 23, 2013 to acquire and sell treasury shares on expiry
of May 22, 2014 with effect in future. The last share buyback program
adopted on the basis of this authorization on May 24, 2013, during which
995,735 treasury shares were repurchased, will thus no longer be continued.
United Internet AG currently holds 557,077 treasury shares, corresponding
to around 0.29 % of capital stock.
Treasury shares can be used for all purposes stated in the authorization of
the Annual Shareholders' Meeting of May 22, 2014, in particular for current
and future employee stock ownership plans and / or as an acquisition
currency, or may also be cancelled.
Contact:
Marcus Schaps
Head of Press and Public Relations
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1076
Fax: +49 2602/96-1013
E-mail: [email protected]
Internet: www.united-internet.de
13.06.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: United Internet AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0)2602 / 96 - 1100
Fax: +49 (0)2602 / 96 - 1013
E-mail: [email protected]
Internet: www.united-internet.de
ISIN: DE0005089031
WKN: 508903
Indices: TecDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, Hamburg, Hannover, München,
Stuttgart
End of Announcement DGAP News-Service
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