SAP to Cancel Shares and Decrease Capital Stock

Feature Article | September 7, 2007 by admin

The capital stock decreases from €1,269,040,112 (represented by 1,269,040,112 no-par shares, each with an attributable subscribed capital of €1) to €1,246,040,112 (represented by 1,246,040,112 no-par shares, each with an attributable subscribed capital of €1) by canceling 23,000,000 treasury shares, representing 1.8 percent of the capital stock before this corporate action. After the decrease, treasury shares will represent approximately 3.1 percent of the capital stock.

Source: SAP AG

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