euro adhoc: Buybacks
United Internet plans further repurchase of its own shares
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
22.01.2008
Ad-hoc announcement acc. to Sec. 15 WpHG: share buyback
United Internet plans further repurchase of its own shares
Montabaur, January 22, 2008. After completing the share buyback decided and announced on July 24, 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 July 24, 2007 to January 21, 2008 United Internet AG bought back a total of 5,000,000 shares and thus completely exhausted the Management Board resolution of July 24, 2007. United Internet AG currently holds a total of 20,000,000 treasury shares.
The shares can be used for all purposes mentioned in the authorization of the Annual Shareholders' Meeting of May 30, 2007.
end of announcement euro adhoc
Further inquiry note:
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
Branche: Telecommunications Services
ISIN: DE0005089031
WKN: 508903
Index: Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
Technologie All Share
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Börse Berlin / free trade
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