United Internet decides to buy back further treasury shares

(PresseBox) ( Montabaur, )
The Management Board of United Internet AG (ISIN DE0005089031) today resolved to launch a new share buyback program. In the course of this new share buyback program, up to 1,000,000 company shares (corresponding to approx. 0.52% of capital stock) are to be bought back via the stock exchange. The resolution follows the authorization of the Annual Shareholders' Meeting of May 23, 2013 to buy back treasury shares representing up to 10% of the company's capital stock. The authorization was issued for the period up to November 23, 2014.

The Annual Shareholders' Meeting of May 23, 2013 revoked the former authorization of May 31, 2012 to acquire and sell treasury shares on expiry of May 23, 2013 with effect in future. The last share buyback program adopted on the basis of this authorization on January 7, 2013, during which 876,314 treasury shares were repurchased, will thus no longer be continued.

United Internet AG currently holds 538,516 treasury shares, corresponding to around 0.28% of capital stock.

Treasury shares can be used for all purposes stated in the authorization of the Annual Shareholders' Meeting of May 23, 2013, in particular for current and future employee stock ownership plans and / or as an acquisition currency, or may also be cancelled.
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