Frankfurt 532 million euros. This is how much money United Internet founder and CEO Ralph Dommermuth invested in United Internet shares in December. He increased his stake in the wireless and Internet company by 7.8 percent to 50.1 percent.
Dommermuth thus secured the majority in the group with brands such as 1 & 1 GMX and Web.de and by far tops the list of the largest insider purchases in December. Dommermuth had already announced the purchase in November and thus gave the share a boost. Nevertheless, over the next twelve months it is around three percent in the red and still 40 percent below its all-time high from 2018 of over 59 euros.
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