{"url_path":"/sec/sapgf/10-k/2026/item-16e","section_key":"item-16e","section_title":"Item 16E PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-02-26","source_url":"https://www.sec.gov/Archives/edgar/data/1000184/0001104659-26-020058-index.html","accession_number":"0001104659-26-020058","cik":"0001000184","ticker":"SAP","issuer_name":"SAP SE","edgar_url":"https://www.sec.gov/Archives/edgar/data/1000184/0001104659-26-020058-index.html","primary_entity_key":"0001000184","primary_entity_name":"SAP SE"},"word_count":488,"has_tables":true,"body_markdown":"**ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS**\n\nAt the Annual General Meeting of Shareholders on May 11, 2023, the Executive Board was authorized to acquire until the expiry of May 10, 2028, shares in the Company representing a pro rata amount of capital stock of up to €120 million.\n\nWe did not purchase any ADRs in 2025. In May 2023 we announced a share buy-back program, with an aggregate volume of up to €5 billion and a term until December 31, 2025. In 2025, purchases of SAP’s ordinary shares were conducted in two tranches under this program, which was completed on August 13, 2025, fully utilizing the approved program volume. The following table sets out information concerning repurchases of SAP’s ordinary shares in 2025.\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n**  ​ ​ ​**\n\n​\n\n**  ​ ​ ​**\n\n​\n\n**  ​ ​ ​**\n\n**(c) Total Number of**\n\n**  ​ ​ ​**\n\n**(d) Maximum Number of**\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n**Shares Purchased as**\n\n​\n\n**Shares that May Yet Be**\n\n​\n\n​\n\n**(a) Total Number of**\n\n​\n\n**(b) Average Price Paid**\n\n​\n\n**Part of Publicly Announced**\n\n​\n\n**Purchased Under these**\n\n**Period**\n\n****​\n\n**Shares Purchased**1.2\n\n****​\n\n**per Share (in €)**\n\n****​\n\n**Plans and Programs**\n\n****​\n\n**Plans and Programs**3\n\nJanuary 2025\n\n​\n\n97,617\n\n​\n\n236.46\n\n​\n\n97,617\n\n​\n\n60,838,035\n\nFebruary 2025\n\n​\n\n0\n\n​\n\n0.00\n\n​\n\n0\n\n​\n\n60,860,353\n\nMarch 2025\n\n​\n\n458,038\n\n​\n\n243.33\n\n​\n\n458,038\n\n​\n\n63,098,653\n\nApril 2025\n\n \n\n1,371,194\n\n \n\n226.49\n\n \n\n1,371,194\n\n \n\n61,740,710\n\nMay 2025\n\n \n\n2,348,153\n\n \n\n264.05\n\n \n\n2,348,153\n\n \n\n59,422,379\n\nJune 2025\n\n \n\n2,038,960\n\n \n\n260.44\n\n \n\n2,038,960\n\n \n\n58,995,123\n\nJuly 2025\n\n \n\n578,106\n\n \n\n247.67\n\n \n\n578,106\n\n \n\n58,429,398\n\nAugust 2025\n\n \n\n689,043\n\n \n\n236.28\n\n \n\n689,043\n\n \n\n57,762,682\n\nSeptember 2025\n\n \n\n0\n\n \n\n0.00\n\n \n\n0\n\n \n\n60,020,357\n\nOctober 2025\n\n \n\n0\n\n \n\n0.00\n\n \n\n0\n\n \n\n60,020,357\n\nNovember 2025\n\n \n\n0\n\n \n\n0.00\n\n \n\n0\n\n \n\n60,020,357\n\nDecember 2025\n\n \n\n0\n\n \n\n0.00\n\n \n\n0\n\n \n\n61,950,901\n\n**Total**\n\n** **\n\n**7,581,111**\n\n** **\n\n**250.90**\n\n** **\n\n**7,581,111**\n\n** **\n\n​\n\n​\n\n1 From September 02, 2024, until April 08, 2025, SAP repurchased 7,024,422 shares at an average price of € 210.99 resulting in a purchased volume of approx. € 1.5 billion.\n\n2 From April 24, 2025, until August 13, 2025, SAP repurchased 5,.683,802 shares at an average price of € 257.60 resulting in a purchased volume of approx. € 1.5 billion.\n\n3 Numbers represent the maximum number of shares that may yet be purchased pursuant to section 71 paragraph (2) sentence 1 of the German Stock Corporation Act and the authorization of SAP’s Annual General Meeting of Shareholders of May 11, 2023, which provide that the shares to be purchased, together with any other shares already acquired and held by SAP or which are attributable to SAP pursuant to Section 71d and Section 71e AktG (German Stock Corporation Act), do not account for more than 10% of SAP’s capital stock. Following completion of the recent share buyback program in August 2025, any additional share purchases are subject to the approval of a new share buyback program by the Supervisory and Executive Board.\n\n117\n\n[Table of Contents](#TOC)"}