Walldorf — The Executive Board of SAP AG announced that it decided to decrease the Company’s capital stock 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% of the capital stock before this corporate action. After the decrease, treasury shares will represent approximately 3.1% of the capital stock.
SAP is the world’s leading provider of business software*. More than 41,200 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small and midsize enterprises to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at <http://www.sap.com>)
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
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