Financial News
SAP Announces Third Quarter 2022 Results
Walldorf, October 25, 2022
SAP SE (NYSE: SAP) today announced its financial results for the third quarter ended September 30, 2022.
SAP Announces Dominik Asam as New CFO
Walldorf, August 31, 2022
SAP SE (NYSE: SAP) today announced that the SAP Supervisory Board has appointed Dominik Asam as CFO and member of the Executive Board of SAP SE. Asam will start on March 7, 2023 and comes to SAP from his current role as CFO and member of the Executive Committee at Airbus.
Francisco Partners to Acquire Litmos from SAP
Walldorf, August 17, 2022
SAP SE (NYSE: SAP) and Francisco Partners (FP) today announced that FP has signed a definitive agreement with SAP America Inc. under which Francisco Partners will acquire SAP Litmos (Litmos) from SAP.
SAP Announces Further Share Repurchase Program
Walldorf, July 21, 2022
SAP SE (NYSE: SAP) today announced a new share repurchase program. The program, with a volume of up to €500 million, is planned to be executed in the period between August 1 and December 31, 2022. It will be implemented based on the authorization granted by the Annual General Meeting of SAP SE on May 17, 2018, and in compliance with the restrictions set forth therein. Repurchased shares will primarily be used to service awards granted under share-based compensation plans for employees.