German ISP United Internet has announced another phase of its share buyback scheme, which will see it repurchase up to 10% of the company’s total stock.
Having bought back 5,000,000 shares between January 14 and April 19 of this year, United Internet…
German ISP United Internet has announced another phase of its share buyback scheme, which will see it repurchase up to 10% of the company’s total stock.
Having bought back 5,000,000 shares between January 14 and April 19 of this year, United Internet will now acquire another 4,809,154, the equivalent of 2% of the company’s stock.
At the firm’s AGM in 2009, shareholders authorised a share buyback scheme representing up to 10% of its capital. United Internet currently owns 15,190,846 shares, representing 6.33% of the company.
