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SAP launches EUR 2.6 billion share buyback tranche under EUR 10 billion program

27. Jul 2026

(AWP Alliance News) - SAP will start a second tranche of its share buyback program on July 27, 2026, targeting up to EUR 2.6 billion of repurchases by no later than Jan. 27, 2027. The tranche is part of a broader program announced on Jan. 29, 2026, with total planned buybacks of up to EUR 10 billion through Dec. 31, 2027. Based on a July 24 Xetra close of EUR 140.2, the tranche would cover up to 18,544,935 shares, about 1.51% of share capital. Purchases will be executed on Xetra, with no buybacks planned from Dec. 21 to Dec. 31, 2026.

https://www.publicnow.com/view/692CE813DA0A329C14630D472B59F80F96E9F39D…

Disclaimer: This news brief was created using generative artificial intelligence. SAP SE published the original content used to generate this news brief via EQS News on July 27, 2026, and is solely responsible for the information contained therein.

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