SAP Annual General Meeting of Shareholders approves dividend of €0.85 per share
WALLDORF, Germany - The vast majority of the Annual General Meeting of Shareholders of SAP AG (NYSE: SAP) today has agreed to all resolution items of the meeting’s agenda.
In addition to the regular dividend of €0.75 per share, SAP had in 2012 paid a special dividend of €0.35 per share to celebrate SAP’s 40th anniversary. (The total amount distributed in dividends for 2011 was around €1.3 billion, which corresponds to a dividend payout ratio of 26% excluding the special dividend and 38% including the special dividend). For 2012, the dividend payout of €0.85 per share represents an increase of €0.10 or 13% compared to last year’s regular dividend of €0.75.
The shareholders have formally approved the acts of the Executive Board and the Supervisory Board in fiscal year 2012, and have authorized the Executive Board to buy back shares as in the past. Thus, SAP can buy back up to 120 million shares until 2018.
For more information, press only:
Christoph Liedtke +49 (6227) 7-50383 firstname.lastname@example.org, CET
Daniel Reinhardt +49 (6227) 7-40201 email@example.com, CET
Jim Dever +1 (610) 661-2161 firstname.lastname@example.org, ET
For more information, financial community only:
Stefan Gruber +49 (6227) 7-44872 email@example.com, CET About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 238,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
# # #
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2013 SAP AG. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.
Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit www.sap.com/photos. On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit www.sap-tv.com. From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from SAP TV.
Follow SAP on Twitter at @sapnews.