SAP SE Sponsored ADR (XETR:SAP) surged ~14–15% after upbeat earnings showing stronger bookings and revenue, while a German regulator’s preliminary probe found no customer data access abuse; SAP also unveiled a €2.6B buyback plan (≈18.54M shares, ~1.51% capital) to run Jul 2026–Dec 2027.
Previous Week Recap
- SAP Se Sponsored ADR Buy Plan: SAP to buy up to €2.6B (≈18.54M shares, ~1.51% of capital) from Jul 27, 2026–Dec 31, 2027 via Xetra; max 25% ADTV per day; no buys 21–31 Dec 2026; executed by independent bank.
- SAP SE ADR Rally On Earnings: SAP SE ADR (SAP) jumped about 14–15% after its earnings as stronger bookings and revenue were reported; analysts found no signs of AI hurting demand, mirroring Dassault Systèmes’ rally.
- German Regulator Finds No Data Abuse: German regulator concluded a preliminary probe into SAP SE Sponsored ADR (SAP), finding no signs of customer data access abuse; the announcement covers the assessment of SAP’s data access practices.
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