Freenet AG

EQS-News: freenet AG: Annual General Meeting resolves dividend of EUR 1.68 per share (previous year: EUR 1.57)

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Wednesday, May 17, 2023
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freenet AG: Annual General Meeting resolves dividend of EUR 1.68 per share (previous year: EUR 1.57)

Key Points: 
  • freenet AG: Annual General Meeting resolves dividend of EUR 1.68 per share (previous year: EUR 1.57)
    The issuer is solely responsible for the content of this announcement.
  • Annual General Meeting resolves dividend of EUR 1.68 per share (previous year: EUR 1.57)
    Dividend per share increases by 7.0% to EUR 1.68 (previous year: EUR 1.57)
    Buedelsdorf, 17 May 2023 – At the Annual General Meeting (AGM) of freenet AG [ISIN DE000A0Z2ZZ5] held in Hamburg on 17 May 2023, a majority of 99.84% voted in favor of the proposed dividend of EUR 1.68 per share.
  • A total of EUR 199.4 million (previous year: EUR 186.6 million) will be distributed to freenet shareholders for the 2022 financial year.
  • 1 Dividend yield is calculated from the dividend per share in relation to the closing price (Xetra) of the freenet share on 31 December 2022.

DGAP-News: freenet AG: freenet renews the very successful, exclusive partnership with Media-Saturn Deutschland GmbH until 2027

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Tuesday, May 24, 2022
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freenet AG: freenet renews the very successful, exclusive partnership with Media-Saturn Deutschland GmbH until 2027

Key Points: 
  • freenet AG: freenet renews the very successful, exclusive partnership with Media-Saturn Deutschland GmbH until 2027
    The issuer is solely responsible for the content of this announcement.
  • freenet renews the very successful, exclusive partnership with Media-Saturn Deutschland GmbH until 2027
    freenet continues to be represented with various offers in all Media Markt and Saturn stores as well as online; in the Telekom and Vodafone networks exclusively
    Bdelsdorf, 24 May 2022 freenet AG [ISIN DE000A0Z2ZZ5] has prematurely extended the existing cooperation agreement on the long-standing successful sales partnership with Media-Saturn Deutschland GmbH.
  • With the new agreement, excellent framework conditions have been set up that also take special account of the MediaMarktSaturn online channels and omnichannel marketing.
  • By extending the contract, freenet AG is strengthening its sales expertise as a strategically relevant addition to its own omnichannel activities.

DGAP-News: freenet AG: Annual General Meeting approves annual dividend of 1.57 euros per share (previous year: 1.50 euros)

Retrieved on: 
Thursday, May 5, 2022
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freenet AG: Annual General Meeting approves annual dividend of 1.57 euros per share (previous year: 1.50 euros)

Key Points: 
  • freenet AG: Annual General Meeting approves annual dividend of 1.57 euros per share (previous year: 1.50 euros)
    The issuer is solely responsible for the content of this announcement.
  • freenet AG: Annual General Meeting approves annual dividend of 1.57 euros per share (previous year: 1.50 euros)
    Bdelsdorf, 5 May 2022 At what is now the third virtual Annual General Meeting, the shareholders of freenet AG [ISIN DE000A0Z2ZZ5] voted on 5 May 2022 with a majority of 99.75 percent in favour of the proposed dividend of 1.57 euros per dividend-bearing share.
  • In the previous year, an annual dividend of 1.50 euros and a special dividend of 0.15 euros per share entitled to dividend were distributed (a total of 203.7 million euros).
  • On the website freenet Annual General Meeting you can find further information on the Annual General Meeting 2022 with the detailed voting results.

DGAP-News: freenet AG: freenet exceeds raised 2021 guidance - significant EBITDA and free cash flow growth forecast for 2022

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Thursday, February 24, 2022
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The Executive Board of freenet AG looks back on what it considers to have been a highly positive 2021 financial year.

Key Points: 
  • The Executive Board of freenet AG looks back on what it considers to have been a highly positive 2021 financial year.
  • This means the freenet AG was not only able to meet the forecasts for its performance indicators published at the start of the year, but also exceeded the raised guidance for EBITDA and free cash flow without Sunrise contribution published during the course of 2021.
  • This positive EBITDA development is also reflected in free cash flow, which once again slightly exceeded the quarterly guidance of 50 to 60 million euros by reaching 61.5 million euros in the fourth quarter of 2021 (Q4/20: 17.1 million euros).
  • This corresponds to the announced payout ratio of 80 % of free cash flow and represents a +4.7 % increase in the dividend compared to 2020.

DGAP-News: freenet AG: Strong third quarter: freenet expects EBITDA and free cash flow at the upper end of guidance

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Wednesday, November 3, 2021
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waipu.tv remains the main growth driver and was responsible for just under 7.0 million euros of the increase in EBITDA.

Key Points: 
  • waipu.tv remains the main growth driver and was responsible for just under 7.0 million euros of the increase in EBITDA.
  • Based on the results reported for the third quarter of 2021, the Executive Board expects both EBITDA and free cash flow to come in at the upper end of guidance.
  • 1 Q1-Q3/2020 free cash flow adjusted for dividend from Sunrise (Q2/2020: 46.0 million euros) and corresponding interest payments on the syndicated bank loan (Q1-Q3/2020: approx.
  • 2 Sum total of postpaid customers, freenet FUNK customers, freenet Flex customers, freenet TV subscribers (RGU) and waipu.tv subscribers.

DGAP-News: freenet Group continues profitable development - guidance raised for EBITDA and free cash flow

Retrieved on: 
Wednesday, August 11, 2021
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With an EBITDA margin of 33.8%, 4.9 percentage points higher than the previous year, segment EBITDA increased by 10.5 million euros to 47.0 million euros.

Key Points: 
  • With an EBITDA margin of 33.8%, 4.9 percentage points higher than the previous year, segment EBITDA increased by 10.5 million euros to 47.0 million euros.
  • 1 H1/20 free cash flow adjusted for dividend from Sunrise (Q2/20: 46.0 million euros) and corresponding interest payments on the syndicated bank loan (H1/20: approx.
  • 2 Total of postpaid customers, freenet FUNK customers, freenet Flex customers, freenet TV subscribers (RGU) and waipu.tv subscribers.
  • Information on the use, definition and calculation of APMs can be found in the freenet Group 2020 Annual Report from page 46 onwards.

DGAP-News: freenet AG: Annual General Meeting approves dividend of 1.50 euros per share and special dividend of 0.15 euros per share for financial year 2020

Retrieved on: 
Friday, June 18, 2021
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The dividend payment thus amounts to a total of 203.7 million euros (previous year: 5.1 million euros).

Key Points: 
  • The dividend payment thus amounts to a total of 203.7 million euros (previous year: 5.1 million euros).
  • A total of 35.18 percent (initial presence including postal votes) of freenet AG's registered share capital was represented at the Company's virtual AGM.
  • In spring 2020, freenet AG had only distributed the legally required minimum dividend of 0.04 euros per share to its shareholders due to the great uncertainty surrounding the effects of the Corona pandemic.
  • Overall, 65.58 percent of the share capital represented voted against the draft resolved by the Supervisory Board.

DGAP-News: freenet AG: freenet Group announces further share buyback program and proposes total distribution of 1.65 euros per share

Retrieved on: 
Tuesday, February 2, 2021
Buyback, Share repurchase, Freenet AG

Bdelsdorf, 02 February 2021 - With the approval of the Supervisory Board, the Management Board of freenet AG [ISIN DE000A0Z2ZZ5] today decided to launch a share buyback program 2021.

Key Points: 
  • Bdelsdorf, 02 February 2021 - With the approval of the Supervisory Board, the Management Board of freenet AG [ISIN DE000A0Z2ZZ5] today decided to launch a share buyback program 2021.
  • Within the scope of this share buyback program, up to 9.75 million shares of the company (corresponding to approx.
  • The total volume of the share buyback program is up to EUR 135 million.
  • In total, distributions from share buybacks (both programs) could amount to an expected 186.4 million euros by 31 December 2021.

DGAP-News: freenet AG: freenet AG repays debts of 610.0 million euros after sale of Sunrise shares

Retrieved on: 
Friday, November 20, 2020
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syndicated bank loan of 610.0 million euros taken out to finance its equity stake in the Swiss telecommunications provider Sunrise Communications Group AG (Sunrise) acquired in 2016.

Key Points: 
  • syndicated bank loan of 610.0 million euros taken out to finance its equity stake in the Swiss telecommunications provider Sunrise Communications Group AG (Sunrise) acquired in 2016.
  • Through the complete sale of the total of 11,051,578 shares, freenet AG received Swiss francs equivalent to approximately 1.1 billion euros in cash on 11 November 2020.
  • "The sale of the Sunrise shares strengthens freenet AG's capital base in the long term.
  • Thus, freenet AG stands by its promise to use the proceeds from the sale of its Sunrise investment primarily to repay bank liabilities.