SAP: launches third tranche of share buyback program

(CercleFinance.com) - On Monday, SAP announced the launch of the third tranche of its share buyback program, for up to E1.
6bn.

The German enterprise software giant states that these buybacks will start today and end by 25 April 2025.

The Walldorf-based group points out that this agreement is part of the formalisation - in May 2023 - of a share buyback program likely to reach a total of E5bn.

On the Frankfurt Stock Exchange, SAP shares were pretty flat (down around 0.1%) on Monday morning in early trading.


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