Ad-hoc | 24 July 2007 17:51
United Internet AG / Share Buyback
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc announcement acc. to Sec. 15 WpHG: share buyback
United Internet plans further repurchase of its own shares
Montabaur, July 24, 2007. After completing the share buyback decided and
announced on May 14, 2007, the Management Board of United Internet AG
(Elgendorfer Str. 57, 56410 Montabaur, ISIN: DE 000 508 903 1) today
resolved to launch a new share buyback program, during which a further up
to 5,000,000 company shares (representing approx. 2.00% of capital stock)
are to be bought back via the stock exchange. The resolution follows the
authorization of the Annual Shareholders' Meeting of May 30, 2007 to buy
back up to 10% of the company’s capital stock. The authorization was issued
for the period up to November 29, 2008.
From May 14, 2007 to July 24, 2007 United Internet AG bought back a total
of 2,000,000 shares and thus completely exhausted the Management Board
resolution of May 14, 2007. United Internet AG currently holds a total of
15,000,000 treasury shares.
The repurchased shares are to be used for current and future employee stock
ownership plans and/or as an acquisition currency.
Marcus Schaps
Press spokesman United Internet AG
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1076
Mobile: +49 173/5112703
Fax: +49 2602/96-1013
E-mail: mschaps@united-internet.de
Internet: www.united-internet.de
DGAP 24.07.2007
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Language: English
Issuer: United Internet AG
Elgendorfer Straße 57
56410 Montabaur Deutschland
Phone: +49 (0)260 296-1631
Fax: +49 (0)260 296-1013
E-mail: Investor-Relations@United-Internet.de
Internet: www.United-Internet.de
ISIN: DE0005089031
WKN: 508903
Indices: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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