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DGAP-Adhoc: United Internet suspends share buyback program


DGAP-Ad-hoc: United Internet AG / Key word(s): Share Buyback
United Internet suspends share buyback program

30-Apr-2020 / 11:32 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Montabaur, April 30, 2020. With ad hoc notification of April 1, 2020, United Internet AG announced to launch a share buyback program for up to 5,000,000 shares of the company (corresponding to approx. 2.58 % of the share capital). The program started on April 3, 2020 and was supposed to last at the latest until August 31, 2020.

The Management Board of United Internet AG has today resolved to suspend this share buyback program with effect as of the end of today's trading day. United Internet AG reserves the right to resume or cancel the share buyback program at any time.

 

Contact partner

United Internet AG
Mathias Brandes
Tel: +49 2602 96-1616
[email protected]


30-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: United Internet AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0)2602 / 96 - 1100
Fax: +49 (0)2602 / 96 - 1013
E-mail: [email protected]
Internet: www.united-internet.de
ISIN: DE0005089031
WKN: 508903
Indices: MDAX, TecDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1033793

 
End of Announcement DGAP News Service

1033793  30-Apr-2020 CET/CEST

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United Internet Stock

€23.30
2.100%
There is an upward development for United Internet compared to yesterday, with an increase of €0.48 (2.100%).
With 6 Buy predictions and not the single Sell prediction the community is currently very high on United Internet.
As a result the target price of 31 € shows a positive potential of 33.05% compared to the current price of 23.3 € for United Internet.
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