• 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.
• 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SAP SE published the original content used to generate this news brief via EQS News (Ref. ID: CMS_2371560_de) on July 27, 2026, and is solely responsible for the information contained therein.