SAP Delay Buyback

Friday, February 03, 2012

SAP to delay buyback until SuccessFactors loan repaid
SAP Chief Financial Officer Werner Brandt said he will postpone a share buyback until the software maker has repaid a loan used to purchase SuccessFactors.

Separately, SAP will to reach an operating margin of at least 35 percent in 2015, Brandt further said.