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8.60000 EUR
0.2
2.38%
Last update Apr 2, 8:29 AM CEST
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Day range
8.60000
8.60000
Previous close
8.40000
Open
8.60000
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SAP SE Depositary Receipt
8.60
0.20
2.38%

Overview

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Description

SAP SE Depositary Receipt represents a type of financial instrument that facilitates the trading of SAP SE shares in markets outside Germany, where SAP is based. This depositary receipt enables investors to access SAP SE's equity without needing to invest directly in the German markets. It has a pivotal role in diversifying and increasing the accessibility of the company’s stocks to a broader international investor base. Depositary receipts are essential in environments where direct ownership of foreign stocks may be cumbersome due to regulatory or infrastructural constraints. SAP SE, known for its enterprise application software, impacts a wide range of industries, including technology, manufacturing, and professional services. These depositary receipts allow investors to participate in the growth of SAP SE, one of the leading players in the global software market, while benefiting from the flexibility and convenience of trading them on local exchanges. As a result, SAP SE Depositary Receipt enhances market liquidity and facilitates global investment opportunities.

About

CEO
Mr. Christian Klein
Employees
110650
Address
Dietmar-Hopp-Allee 16
Walldorf, 69190
Phone
49 6227 7 47474
Website
Instrument type
Depositary receipt
Sector
Technology
Industry
Software - Application
Country
Germany
MIC code
XFRA
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