May 28th, 2007
WALLDORF, GERMANY - May 10, 2007 - SAP AG today announced that all of the agenda items at its annual general shareholder meeting on Thursday were approved with a large majority.
For the 2006 fiscal year, shareholders will receive a dividend of € 0.46 per ordinary share. This is a 27% increase over the previous year’s dividend. For 2006, SAP will pay out a total of about € 560 million (previous year: € 447 million), which equates to a dividend payout ratio of approximately 30% of SAP’s net income. The SAP shareholders also extended the authorization of the Executive Board of SAP AG to repurchase up to € 120 million treasury shares.
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