The share buyback program of SAP SE is a significant topic for investors as it relates to both the corporate strategy and the effects on stock prices and market growth. Below, the key aspects of the program are highlighted.
Background and Volume
- Total Volume: The share buyback program has a total volume of up to 5 billion euros, announced in May 2023.
- Tranches: The program will be conducted in several tranches, with the fourth tranche currently underway.
Time Frame and Buyback
- Time Frame of the Fourth Tranche: This tranche runs until at least December 19, 2025.
- Buyback Locations: The shares are repurchased through the Xetra trading of the Frankfurt Stock Exchange.
Impact on Investors
- Building Trust: Share buybacks can strengthen investor confidence, as they are viewed as a sign of the company’s confidence in its own future.
- Stock Price: A buyback program can positively influence the stock price by reducing the number of shares available on the market, thereby increasing the value of the remaining shares.
Current Developments
- Interim Reports: Regular capital market information is published to inform about the progress of the buyback program. For example, from March 17 to 21, 2025, a total of 187,528 shares were repurchased.
Analyses and Recommendations
- Current Ratings: Recently, several analyst firms have assigned positive ratings to SAP, including ‘Buy’ recommendations from Warburg Research, JP Morgan Chase & Co., Jefferies & Company Inc., and Goldman Sachs Group Inc.
Overall, the share buyback program of SAP SE is an important aspect of the corporate strategy that can influence both investors and market growth.