MANNHEIM, Germany — SAP SE (NYSE: SAP) today announced that shareholders approved all agenda items proposed by management at the company’s Annual General Meeting of Shareholders.
For fiscal 2018, SAP shareholders will receive a dividend of €1.50 per share (previous year: €1.40). The total distribution to shareholders amounts to €1.79 billion. Dividends are slated for payment on or after May 20, 2019. The shareholders approved the actions of the Executive and Supervisory Board for the 2018 fiscal year.
The Annual General Meeting held new elections after the regular expiration of the terms of all shareholder representatives on the Supervisory Board. The duration of the terms was staggered into groups of three, four and five years so that in the future not all terms of shareholder representatives would be up for re-election at the same time. All persons standing for election received the approval of the Annual General Meeting.
The shareholders’ side of the Supervisory Board thus consists of the following persons. The duration of each person’s mandate in years is provided in brackets after the name: Prof. Dr. h. c. mult. Hasso Plattner , Dr. h. c. mult. Pekka Ala-Pietilä , Aicha Evans , Diane Greene , Prof. Dr. Gesche Joost , Bernard Liautaud , Gerhard Oswald , Dr. Friederike Rotsch , Dr. Gunnar Wiedenfels .
After the election of five women to the Supervisory Board in the recently held employee representative elections, nine of the 18 Supervisory Board members are now women. The employee representatives on the Supervisory Board are Panagiotis Bissiritsas, Monika Kovachka-Dimitrova, Lars Lamadé, Margret Klein-Magar, Christine Regitz, Heike Steck, Christa Vergien-Knopf, James Wright and Ralf Zeiger.
As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 437,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.
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Source: SAP ERP News