DGAP-News: 3U HOLDING AG completes share buy-back program

DGAP-News: 3U HOLDING AG completes share buy-back program

ID: 33050

(firmenpresse) - DGAP-News: 3U HOLDING AG / Key word(s): Share Buyback
3U HOLDING AG completes share buy-back program

24.01.2011 / 14:11

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3U HOLDING AG completes share buy-back program

Marburg, January 24, 2011 - On January 21, 2011, 3U HOLDING AG (ISIN
DE0005167902) has completed the share buy-back program, which was launched
on July 19, 2010.

By January 21, 2011, a total of 3,117,500 shares with a proportionate
amount of the share capital of EUR 3,117,500.00 had been repurchased at an
average price of EUR 0.7338 for a total consideration of EUR 2,287,716.80.
In addition, 3U HOLDING AG possesses 1,242,240 own shares which it had
received within the scope of a settlement with former managers of the
OneTel Telecommunication GmbH.

In sum, 3U HOLDING AG possesses 4,359,740 (in words: four millions three
hundred fifty-nine thousand seven hundred forty) shares with a
proportionate amount of the share capital of 4,359,740.00 EUR. With it, the
resolution passed by the general meeting from August 28, 2009, which
authorized the share buy-back of 10% of the share capital (currently
43,597,526.00 EUR), has been executed.

A decision on the use of the acquired shares has not been made yet. The
resolution passed by the general meeting from August 28, 2009 intends
expressly also redemption of the acquired shares.


Contact:
Peter Alex
Head of Investor Relations
3U HOLDING AG
Frauenbergstraße 31-33
35039 Marburg
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-Mail: ir(at)3U.net


End of Corporate News

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24.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.





DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: 3U HOLDING AG
Frauenbergstraße 31-33
35039 Marburg
Deutschland
Phone: +49 (0)6421/999-1200
Fax: +49 (0)6421/999-1222
E-mail: IR(at)3U.net
Internet: www.3u.net
ISIN: DE0005167902
WKN: 516790
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


End of News DGAP News-Service
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109801 24.01.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 24.01.2011 - 14:11 Uhr
Sprache: Deutsch
News-ID 33050
Anzahl Zeichen: 0

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Kategorie:

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