EANS-Adhoc: United Internet plans buyback of its own shares
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
14.01.2010
Montabaur, January 14, 2010. The Management Board of United Internet AG (ISIN: DE 000 508 903 1) today resolved to buy back up to 5,000,000 of the company´s shares (corresponding to around 2.08% of capital stock) via the stock exchange. The resolution follows the authorization of the Annual Shareholders' Meeting of May 26, 2009 to buy back shares representing up to 10% of the company's capital stock. The authorization was issued for the period up to November 25, 2010.
United Internet currently holds 10,272,371 treasury shares, corresponding to around 4.28% of capital stock.
The repurchased shares can be used for all purposes stated in the authorization of the Annual Shareholders' Meeting of May 26, 2009, in particular for current and future employee stock ownership plans and / or as an acquisition currency, but may also be cancelled.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Marcus Schaps
Press spokesman of United Internet AG
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1076
Mobil: +49 173/5112703
Fax: +49 2602/96-1013
E-mail: mschaps@united-internet.de
Internet: www.united-internet.de
Branche: Telecommunications Services
ISIN: DE0005089031
WKN: 508903
Index: Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade
Original content of: United Internet AG, transmitted by news aktuell