The Annual General Meeting has authorized United Internet AG on May 20, 2020 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 August 31, 2023.
Treasury shares can be used for all purposes stated in the authorization of the Annual Shareholders' Meeting of May 20, 2020, in particular for current and future employee stock ownership plans and / or as an acquisition currency, or may also be cancelled.
PUBLIC SHARE BUYBACK OFFER FEBRUARY 2023
On February 14, 2023, United Internet's Management Board, with the approval of the Supervisory Board, announced a decision to reduce the company's capital by 2,000,000 shares from 194,000,000 to 192,000,000 shares through the withdrawal of treasury shares, and to initiate a public share buyback offer.
The public share buyback offer entails the acquisition of 13,900,000 shares at a price of EUR 21.00 per share, amounting to a total volume of EUR 291,900,000.
Share buyback program August 2021
By ad-hoc announcement of August 6, 2021, United Internet AG announced that it would launch a share buyback program in a volume of up to EUR 160 million. The program started in August 2021 and was to run no longer than until April 30, 2022.
United Internet AG's Management Board resolved to prematurely terminate the share buyback program as of the end of September 13, 2021. Under the share buyback program, United Internet AG bought back, until September 10, 2021, a total of 514,972 shares at an average price of EUR 36.35 per share, corresponding to a total volume of EUR 18.7 million.
As of September 13, 2021, United Internet AG holds a total of 7,284,109 treasury shares (representing approximately 3.75 % of the share capital with 194,000,000 shares).
| Date | Number of shares | Average price in € | Volume in € | Transaction details |
| 10. August - 13. August 2021 | 101,762 | 35.3382 | 3,596,085.91 | Details [xls] |
| 16. August - 20. August 2021 | 96,177 | 35.9524 | 3,457,793.97 | Details [xls] |
| 23. August - 27. August 2021 | 101,585 | 36.9266 | 3,751,188.66 | Details [xls] |
| 30. August - 06. September 2021 | 79,982 | 36.6568 | 2,931,884.18 | Details [xls] |
| 06. Septemer - 10. September 2021 | 135,466 | 36.7849 | 4,983,103.26 | Details [xls] |
| 13. September 2021 | 0 | 0 | 0 | |
| Total | 514,972 | 36.3516 | 18,720,055.98 |
Share buyback program April 2020
United Internet AG has announced on April 1, 2020 by means of an ad hoc to launch a new share buyback program. In the course of this share buyback program up to 5,000,000 shares of the company (corresponding to approx. 2.58 % of the share capital of EUR 194,000,000) are to be bought back via the stock exchange. The volume of the share buyback program amounts to EUR 150 million in total. The program is to be launched on April 3, 2020 and will last at the latest until August 31, 2020.
At the start of the program, the company held 6,338,513 treasury shares from previous share buyback programs (corresponding to approx. 3.27 % of the share capital of 194,000,000 shares).
| Date | Number of shares | Average price in € | Volume in € | Transaction details |
| 03. April 2020 | 75.000 | 26,8453 | 2.013.397,50 | Details [xls] |
| 06. April - 09. April 2020 | 267.160 | 28,5382 | 7.627.315,22 | Details [xls] |
| 17. April 2020 | 72.796 | 29,1431 | 2.121.501,11 | Details [xls] |
| 20. April - 24. April 2020 | 7.798 | 29,9038 | 233.189,83 | Details [xls] |
| 27. April - 30. April 2020 | 7.870 | 30,8108 | 242.481,00 | Details [xls] |
| Total | 430.624 | 28,4119 | 12.234.834,95 |
Public share buyback offer December 2019
On December 9, 2019, the Management Board of United Internet AG resolved, with the approval of the Supervisory Board, to make a public share buyback offer to the shareholders of United Internet AG for a total of up to 9,000,000 shares at a price of EUR 29.65 per share. At the same time, Rocket Internet SE has irrevocably committed to the company to accept the public share buyback offer of United Internet AG for 8,135,804 shares held by Rocket Internet SE.
Share buyback program August – December 2019
The share buyback program announced by United Internet AG by means of an ad hoc notification on August 14, 2019 was conducted from August 16, 2019 to December 6, 2019. Treasury shares of the company with an aggregate acquisition cost of up to EUR 192 million (excluding incidental purchasing costs), however, in total no more than 6,000,000 shares, should be repurchased exclusively via the Frankfurt stock exchange (XETRA) over a period of time not to extend beyond March 31, 2020. The share buyback programme was prematurely terminated on 9 December 2019.
Share buyback between 16 August 2019 and 6 December 2019
| Date | Number of shares | Average price in € | Volume in € | Transaction details |
| 16 August 2019 | 74.866 | 27,5026 | 2.059.009,65 | Details [xls] |
| 19 August - 23 August 2019 | 365.000 | 28,6851 | 10.470.061,50 | Details [xls] |
| 26 August - 30 August 2019 | 200.000 | 29,1643 | 5.832.860,00 | Details [xls] |
| 02 Sept. - 06 Sept. 2019 | 243.069 | 29,6270 | 7.201.405,26 | Details [xls] |
| 16 Sept. - 20 Sept. 2019 | 33.494 | 32,3604 | 1.083.879,24 | Details [xls] |
| 23 Sept. - 27 Sept. 2019 | 115.528 | 32,0984 | 3.708.263,96 | Details [xls] |
| 30 Sept. - 4 October 2019 | 90.912 | 32,3226 | 2.935.557,57 | Details [xls] |
| 31 Oct. - 1 November 2019 | 297.000 | 27,0416 | 8.031.355,20 | Details [xls] |
| 04 Nov. - 08 November 2019 | 681.904 | 28,2115 | 19.237.534,70 | Details [xls] |
| 11 Nov. - 15 November 2019 | 507.727 | 29,7949 | 15.127.675,19 | Details [xls] |
| 18 Nov. - 22 November 2019 | 505.881 | 30,0223 | 15.187.711,05 | Details [xls] |
| 25 Nov. - 29 November 2019 | 324.834 | 30,7213 | 9.979.322,76 | Details [xls] |
| 02 Dec. - 06 December 2019 | 479.784 | 29,8349 | 14.314.307,66 | Details [xls] |
| Total | 3.919.999 | 29,3798 | 115.168.943,84 |