The Annual General Meeting has authorized United Internet AG on May 18, 2017 to acquire treasury stock in accordance with Sec. 71 Par. 1 No. 8 German Stock Corporation Act (AktG) up to a total of 10% of the capital stock. The authorization was issued for the period up to September 18, 2020.
Treasury shares can be used for all purposes stated in the authorization of the Annual Shareholders' Meeting of May 18, 2017, in particular for current and future employee stock ownership plans and / or as an acquisition currency, or may also be cancelled.
United Internet held 5,093,289 treasury shares as of December 31, 2017, corresponding to 2.48% of total capital stock of EUR 205,000,000.
as of January 04, 2018