Ad-hoc | 10 December 2010 16:52
United Internet AG / Key word(s): Share Buyback
10.12.2010 16:52
Dissemination 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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Montabaur, December 10, 2010. The Management Board of United Internet AG
(ISIN DE0005089031) today resolved to launch a further buyback program. In
the course of this new share buyback program, up to 4,000,000 company
shares (corresponding to approx. 1.67% of capital stock) are to be bought
back via the stock exchange. The resolution follows the authorization of
the Annual Shareholders' Meeting of June 2, 2010 to buy back shares
representing up to 10% of the company's capital stock. The authorization
was issued for the period up to May 25, 2012.
United Internet currently holds 20,000,000 treasury shares, corresponding
to around 8.33% of capital stock.
The repurchased shares can be used for all purposes stated in the
authorization of the Annual Shareholders' Meeting of June 2, 2010, in
particular for current and future employee stock ownership plans and / or
as an acquisition currency, but may also be cancelled.
Marcus Schaps
Head of PR
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1076
Fax: +49 2602/96-1013
E-Mail: mschaps@united-internet.de
Internet: www.united-internet.de
10.12.2010 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
Deutschland
Phone: +49 (0)2602 / 96 - 1100
Fax: +49 (0)2602 / 96 - 1013
E-mail: info@united-internet.de
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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