30.06.2016
United Internet AG DE0005089031
DGAP-Adhoc: United Internet decides to buy back treasury shares again
United Internet AG / Key word(s): Share Buyback
30.06.2016 17:27
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Montabaur, June 30, 2016. The Management Board of United Internet AG today
resolved to launch a new share buyback program. In the course of this new
share buyback program, up to 5,000,000 company shares (corresponding to
approx. 2.44% 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.
At the same time, the current share buyback program adopted by the
Management Board on June 13, 2014 - also based on the authorization of the
Annual Shareholders' Meeting of May 22, 2014 - was ended. In the course of
this share buyback program, a total of 800,000 treasury shares were
repurchased. United Internet currently holds 411,358 treasury shares. This
corresponds to around 0.20% of the capital stock of EUR 205,000,000.
Treasury shares can be used for all purposes permitted under the
regulations of Germany's Stock Corporation Law and 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, but may also be cancelled.
Contact
Press
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1616
Fax: +49 2602/96-1013
E-mail: [email protected]
Internet: www.united-internet.de
30.06.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at 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: Regulated Market in Berlin, Frankfurt (Prime Standard);
Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart; Terminbörse EUREX
End of Announcement DGAP News-Service
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