XTRA:SAPSoftware
SAP (XTRA:SAP) Completes €3,100 Million Share Buyback of 1.63%
SAP (XTRA:SAP) experienced a 7% rise in share price last week, coinciding with significant company developments that likely bolstered investor confidence. The most impactful event was the recent buyback tranche, indicating robust shareholder value return intentions, as the company repurchased 555,655 shares for €106 million. Moreover, SAP's Q1 2025 earnings announcement revealed its impressive revenue growth to €9,013 million and a reversal from a net loss to €1,780 million net income. While...