DGAP-Ad-hoc: SAP SE / Key word(s): Share Buyback/Payout
SAP SE: SAP to Enhance Capital Return in 2020

04-Nov-2019 / 22:34 CET/CEST
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SAP Co-CEOs Jennifer Morgan and Christian Klein said: 'SAP's operational excellence initiatives are driving improved financial performance, and we are pleased that SAP is in a position to share this benefit with shareholders. The enhanced capital return in 2020 underscores SAP's commitment to shareholder returns and disciplined capital allocation.'

SAP CFO Luka Mucic said: 'Share buybacks and special dividends, in addition to an attractive regular dividend policy, are an important element to building shareholder value and enabling our shareholders to participate in our success.'

SAP will provide further details on its capital allocation policy, as well as its initiatives to accelerate operational excellence and value creation, at its Special Capital Markets Day in New York on November 12, 2019.

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About SAP
As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP(R) system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want - without disruption. Our end-to-end suite of applications and services enables more than 437,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.

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Contact for financial analysts and investors:
Stefan Gruber +49 (6227) 7-44872, [email protected], CET

For more information, press only:
Marcus Winkler, +49 6227 7-67497, [email protected], CET
Rajiv Sekhri, +49 6227 7-74871, [email protected], CET
SAP News Center press room; [email protected]

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04-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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