0
General

United Internet ends share buyback early

Monday 13 September 2021 | 17:02 CET | News
German operator United Internet said its management board has decided to end early the share buyback program, on 13 September. United Internet announced in August the launch of a share buyback worth up to EUR 160 million and as of 10 September it had spent EUR 18.7 million. The buyback was originally expected to run until April 2022, and no reason was given for ending it early. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: United Internet
Countries: Germany
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

United Internet grows revenues, EBITDA, adds 240,000 customers in Q3

Published 09 Nov 2021 09:02 CET | Germany
German operator United Internet said its revenues rose by 4.9 percent year-on-year in Q3 to EUR 1.39 billion, while EBITDA ...

United Internet CEO considers expanding own stake in company to 51%

Published 05 Nov 2021 10:05 CET | Germany
German operator United Internet said that its CEO, Ralph Dommermuth, is considering building up the stake he owns in the company ...

United Internet announces up to EUR 160 million share buy-back

Published 09 Aug 2021 09:42 CET | Germany
United Internet has announced a new share buy-back scheme for the repurchase of up to EUR 160 million worth of stock in tranches. ...

United Internet improves revenues and EBITDA, adds 280,000 customers in Q1

Published 11 May 2021 09:49 CET | Germany
German operator United Internet said its revenues increased by 4.7 percent year-on-year in Q1 2021 to EUR 1.39 billion. Revenues ...

1&1, United Internet confirm 2020 results, keep dividend unchanged

Published 25 Mar 2021 15:08 CET | Germany
1&1 Drillisch has confirmed preliminary results for 2020, saying it met its outlook for EBITDA of EUR 600 million. Revenueswent ...

United Internet to start building own mobile network infrastructure in summer

Published 11 Jan 2021 09:52 CET | Germany
German operator United Internet plans to start to build its own network infrastructure this summer, Handelsblatt reports. The ...