Since 1988, SAP shares have been listed at Frankfurt Stock Exchange. American depositary receipts (ADRs) representing our shares have been listed on the NYSE in the United States since 1998. At the end of 2012 our market cap was €75 bn, about 74.4% of our stock was in free float. SAP is a member of the German DAX and of the Dow Jones EURO STOXX 50 index.
| Ticker: | SAP | |
| ISIN: | DE0007164600 | |
| CUSIP: | 803054204 | |
| Bloomberg: | SAP GR | |
| Reuters: | SAPG.F | |
| Shares outstanding: | 1,229 million |
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| Payout ratio 2011: | 38% |
The shareholder structure of SAP is characterized by a wide distribution of share ownership. About 74.4% of all shares outstanding are in free float. The largest proportion of shares in free float are held by institutional investors in the USA and Canada.
Sell-side analysts from about 50 national and international banks and investment firms regularly publish comments, evaluations, and recommendations of SAP stock. The Investor Relations team maintains contact with these analysts.