SAP Stock: Federal Cartel Office Ends Preliminary Investigation - Börse Global
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A regulatory uncertainty has been resolved for SAP. The Federal Cartel Office has concluded a preliminary investigation against the software group without initiating formal abuse proceedings. This eliminates a potential risk that was hanging over the Walldorf-based group.At the same time, SAP announced the conclusion of a global partnership with NTT DATA, which integrates the AI assistant "Joule" and SuccessFactors into the human resources and cultural transformation of the Japanese IT service provider.The discontinuation of the preliminary investigation by the Federal Cartel Office is more than just a side note for SAP. Formal abuse proceedings could have potentially meant far-reaching requirements for the business model, especially with regard to its market position in enterprise software. The fact that the authority is concluding without further steps relieves investors of a concern that had recently resonated in the background.The timing coincides with positive news on the business side, which further underpins the stock's recent price turnaround.Parallel to the regulatory development, SAP is continuing its share buyback program 2026. According to the third interim report, the company acquired 50,000 of its own shares between August 10 and 14 at a weighted average price of 179.35 euros. The total volume of the ongoing program thus amounts to over 5.1 million shares. Such...
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