SAP Recommends €2.20 Dividend for FY2023
Ticker: SAPGF · Form: 6-K · Filed: Feb 22, 2024 · CIK: 1000184
| Field | Detail |
|---|---|
| Company | Sap Se (SAPGF) |
| Form Type | 6-K |
| Filed Date | Feb 22, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: dividend, shareholder-return, board-recommendation
TL;DR
**SAP is recommending a €2.20 dividend per share for 2023, signaling good news for shareholders!**
AI Summary
SAP SE announced on February 21, 2024, that its Supervisory Board and Executive Board recommend shareholders approve a dividend of €2.20 per share for fiscal year 2023. This recommendation was made public via a press release. The filing also indicates that the Supervisory Board has nominated two candidates, though their names and further details are not provided in this excerpt.
Why It Matters
This dividend recommendation directly impacts shareholder returns and signals the company's financial health and confidence in its future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns a dividend recommendation, which is generally a positive event for shareholders and does not introduce significant new risks.
Key Numbers
- €2.20 — Dividend per share (Recommended for fiscal year 2023)
Key Players & Entities
- SAP SE (company) — registrant
- Supervisory Board (company) — recommending body
- Executive Board (company) — recommending body
- €2.20 (dollar_amount) — dividend per share
- February 21, 2024 (date) — date of press release
- fiscal year 2023 (date) — period for dividend
FAQ
What is the recommended dividend per share for SAP SE for fiscal year 2023?
SAP SE's Supervisory Board and Executive Board recommend a dividend of €2.20 per share for fiscal year 2023.
When was the press release announcing the dividend recommendation issued?
The press release announcing the dividend recommendation was issued on February 21, 2024.
Which bodies within SAP SE are recommending the dividend?
The Supervisory Board and the Executive Board of SAP SE are recommending the dividend.
What is the purpose of this 6-K filing?
This 6-K filing reports on a press release issued by SAP SE concerning a dividend recommendation and supervisory board nominations.
Does the filing mention the names of the nominated candidates for the Supervisory Board?
No, the filing states that the Supervisory Board has nominated two candidates but does not provide their names in this excerpt.
Filing Stats: 409 words · 2 min read · ~1 pages · Grade level 12.6 · Accepted 2024-02-22 08:17:07
Filing Documents
- tm246987d1_6k.htm (6-K) — 16KB
- tm246987d1_ex99-1.htm (EX-99.1) — 18KB
- tm246987d1_ex99-1img001.jpg (GRAPHIC) — 11KB
- 0001104659-24-026342.txt ( ) — 51KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SAP SE (Registrant) By: /s/ Christopher Sessar Name: Dr. Christopher Sessar Title: Chief Accounting Officer By: /s/ Julia Zicke Name: Dr. Julia Zicke Title: Head External Reporting and Accounting Technology Date: February 22, 2024 4 EXHIBIT INDEX Exhibit No. Exhibit 99.1 (i) Press Release dated February 21, 2024 5