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SAP Deutschland SE & Co. KG Hasso-Plattner-Ring 7 69190 Walldorf, Germany http://www.sap.com/germany
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SAP Announces Further Share Repurchase Program

(PresseBox) (Walldorf, )
SAP SE (NYSE: SAP) today announced a new share repurchase program. The program, with a volume of up to €500 million, is planned to be executed in the period between August 1 and December 31, 2022. It will be implemented based on the authorization granted by the Annual General Meeting of SAP SE on May 17, 2018, and in compliance with the restrictions set forth therein. Repurchased shares will primarily be used to service awards granted under share-based compensation plans for employees.

The new share repurchase program follows SAP’s 2020 repurchase of around 14 million shares for about €1.5 billion and the repurchase of around 10 million shares for about €1 billion in the first half of 2022.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.