SAP launches EUR 2.6 billion share buyback tranche under EUR 10 billion program - SAP News | RalliesSAP launches EUR 2.6 billion share buyback tranche under EUR 10 billion program
S
SAP• SAP starts second tranche of buyback program
- SAP launched the second tranche of its share buyback plan, starting July 27, 2026, under a program of up to EUR 10 billion running to Dec. 31, 2027.
- The tranche targets up to EUR 2.6 billion of purchases by no later than Jan. 27, 2027, excluding transaction costs.
- Based on the July 24, 2026 Xetra close of EUR 140.2, the tranche equals up to 18,544,935 shares, about 1.51% of share capital.
- Purchases are set to be executed exclusively on Xetra; no buybacks are planned from Dec. 21, 2026 through Dec. 31, 2026.
•