Share Buyback Program of SAP SE
SAP SE has launched an extensive share buyback program that is of particular interest to investors. Such programs can be interpreted as a signal of the company’s financial strength and its confidence in future prospects, often influencing the stock price.
Details of the Share Buyback Program
- Start and Volume: The share buyback program was announced in May 2023, with a maximum volume of up to 5 billion euros, and is set to run until December 31, 2025.
- Previous Buybacks: As of March 31, 2025, shares worth approximately 3.1 billion euros have already been repurchased. The third tranche of the program was completed on April 8, 2025, with a purchase volume of about 1.5 billion euros.
- Current Developments: From May 26 to May 30, 2025, a total of 856,057 shares were purchased under the ongoing program. The total volume of shares repurchased by May 30, 2025, amounts to 2,377,693.
Impact on Investors and the Market
- Purchase Interest: The ongoing share buyback program generates further purchase interest, as it is regarded as a sign of the company’s financial strength and its confidence in future prospects.
- Stock Price: Share buyback programs can influence stock price by reducing the available share quantity, thereby potentially increasing the value of the remaining shares.
- Economic Outlook: SAP is currently benefiting from a digitalization boom and an AI offensive that is driving growth. For the current fiscal year, an increase in cloud revenue of 26 to 28% is expected.
Further Developments at SAP
- Fine by BaFin: In May 2025, a fine of 1.75 million euros was imposed on SAP SE for violations of obligations.
- Strategic Orientation: SAP is heavily focused on AI solutions and cloud transformation, which aims to accelerate growth further. SAP Business AI offers AI solutions for nearly all industries and sectors.
In summary, the share buyback program of SAP SE demonstrates the company’s commitment to showcasing its financial strength and strengthening investor confidence. At the same time, SAP is advancing its strategic orientation towards AI and cloud transformation to achieve further growth.