{"id":63742,"date":"2020-02-25T08:00:13","date_gmt":"2020-02-25T07:00:13","guid":{"rendered":"http:\/\/e3mag.com\/?p=63742"},"modified":"2020-02-07T18:48:55","modified_gmt":"2020-02-07T17:48:55","slug":"sap-plans-higher-capital-distribution-2020","status":"publish","type":"post","link":"https:\/\/e3mag.com\/en\/sap-plans-higher-capital-distribution-2020\/","title":{"rendered":"SAP plans higher capital distribution in 2020"},"content":{"rendered":"<p>Taking into account the positive financial development and a very solid balance sheet structure, SAP's Supervisory Board approved an increased capital distribution in 2020 as proposed by the Executive Board.<\/p>\n<p>As part of this new program, the company is authorized to carry out share buybacks and\/or distribute a special dividend with a total volume of EUR 1.5 billion until 31 December 2020.<\/p><div id=\"great-224044522\" class=\"great-fullsize-content-en\" style=\"margin-bottom: 20px;\"><a data-no-instant=\"1\" href=\"https:\/\/www.youtube.com\/watch?v=6yfv7eho3Gc\" rel=\"noopener\" class=\"a2t-link\" target=\"_blank\" aria-label=\"Fullsize\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150.jpg\" alt=\"Fullsize\"  srcset=\"https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150.jpg 1200w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-400x50.jpg 400w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-768x96.jpg 768w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-100x13.jpg 100w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-480x60.jpg 480w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-640x80.jpg 640w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-720x90.jpg 720w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-960x120.jpg 960w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-1168x146.jpg 1168w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-18x2.jpg 18w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-600x75.jpg 600w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" width=\"1200\" height=\"150\"  style=\" max-width: 100%; height: auto;\" \/><\/a><\/div>\n<p>The increased capital distribution complements SAP's existing policy of distributing at least 40 percent of profit after tax (IFRS) in the form of the regular dividend.<\/p>\n<p>SAP's Supervisory Board and Executive Board firmly believe that the strategy of investing in innovation and profitable growth, combined with a policy of consistent capital distributions, will maximize shareholder value in the long term.<\/p>\n<p><a href=\"https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-63743\" src=\"https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic.jpg\" alt=\"Mucic\" width=\"1000\" height=\"580\" srcset=\"https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic.jpg 1000w, https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic-768x445.jpg 768w, https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic-100x58.jpg 100w, https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic-480x278.jpg 480w, https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic-640x371.jpg 640w, https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic-720x418.jpg 720w, https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/Mucic-960x557.jpg 960w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/p>\n<p>SAP board spokespeople Jennifer Morgan and Christian Klein said:<\/p>\n<p><em>\"SAP's business process optimization program is resulting in a further increase in our financial performance. We are pleased that SAP can now share this success with its shareholders. <\/em><\/p>\n<p><em>Next year's increased capital distribution underscores the great importance SAP places on providing an appropriate return to our shareholders and a disciplined use of our financial resources.\"<\/em><\/p>\n<p>The Chief Financial Officer of SAP, Luka Mucic, added:<\/p>\n<p><em>\"In addition to an attractive regular dividend, share buy-backs and special dividends are important instruments for increasing the value of the company and sharing the success of our shareholders.\"<\/em><\/p>\n<p>Decisions regarding the timing and instrument of the respective distribution are made by the company, taking into account the market environment, the company's performance and other factors. The distribution of a special dividend requires the approval of the shareholders.<\/p>","protected":false},"excerpt":{"rendered":"<p>For 2020, SAP plans to buy back shares and\/or pay a special dividend with a total volume of \u20ac1.5 billion.<\/p>","protected":false},"author":38,"featured_media":63744,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","footnotes":""},"categories":[37003,6],"tags":[236],"coauthors":[19920],"class_list":["post-63742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mag-1912","category-wirtschaft","tag-sap","pmpro-has-access"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"thumbnail":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-150x150.jpg",150,150,true],"medium":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",400,180,false],"medium_large":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-768x346.jpg",768,346,true],"large":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"image-100":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-100x45.jpg",100,45,true],"image-480":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-480x216.jpg",480,216,true],"image-640":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-640x288.jpg",640,288,true],"image-720":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-720x324.jpg",720,324,true],"image-960":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-960x432.jpg",960,432,true],"image-1168":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"image-1440":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"image-1920":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"1536x1536":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"2048x2048":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"trp-custom-language-flag":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",18,8,false],"bricks_large_16x9":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"bricks_large":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"bricks_large_square":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",1000,450,false],"bricks_medium":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",600,270,false],"bricks_medium_square":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503.jpg",600,270,false],"profile_24":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-24x24.jpg",24,24,true],"profile_48":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-48x48.jpg",48,48,true],"profile_96":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-96x96.jpg",96,96,true],"profile_150":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-150x150.jpg",150,150,true],"profile_300":["https:\/\/e3mag.com\/wp-content\/uploads\/2019\/11\/shutterstock_1233008503-300x300.jpg",300,300,true]},"post_excerpt_stackable_v2":"<p>F\u00fcr 2020 plant SAP R\u00fcckk\u00e4ufe von Aktien und\/oder die Aussch\u00fcttung einer Sonderdividende im Gesamtvolumen von 1,5 Milliarden Euro.<\/p>\n","category_list_v2":"<a href=\"https:\/\/e3mag.com\/en\/category\/mag-1912\/\" rel=\"category tag\">MAG 19-12<\/a>, <a href=\"https:\/\/e3mag.com\/en\/category\/economy\/\" rel=\"category tag\">Wirtschaft<\/a>","author_info_v2":{"name":"E-3 Magazine","url":"https:\/\/e3mag.com\/en\/author\/e-3-magazin\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/posts\/63742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/comments?post=63742"}],"version-history":[{"count":0,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/posts\/63742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/media\/63744"}],"wp:attachment":[{"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/media?parent=63742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/categories?post=63742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/tags?post=63742"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/coauthors?post=63742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}