MANNHEIM — The Annual General Meeting of Shareholders of SAP SE (NYSE: SAP) today approved all agenda items proposed by management.
- Dividend raised to €1.40
- Four members elected to SAP Supervisory Board in by-election
SAP shareholders will receive a dividend of €1.40 per share for the 2017 fiscal year (€1.25 for fiscal 2016). Total dividend distribution to shareholders will amount to approximately €1.671 billion for fiscal year 2017. The dividend is slated for payment on or after May 22, 2018. The shareholders approved the actions by the Executive and Supervisory Boards for the 2017 fiscal year.
Candidates Aicha Evans, Diane Greene and Dr. Friederike Rotsch were elected to the Supervisory Board in a by-election effective at the end of the Annual General Meeting. Gerhard Oswald was elected to the Supervisory Board in a by-election effective January 1, 2019.
Also approved were the Executive Board remuneration system, the appointment of KPMG AG Wirtschaftsprüfungsgesellschaft to audit the financial statements 2018, an authorization to acquire and use treasury shares, and an amendment introducing flexibility regarding the terms of office for Supervisory Board members.
Detailed information is available on the SAP Investor Relations website: www.sap.com/investor.
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 388,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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