Really European?

Is SAP European?

Yes. SAP is controlled from the EU: Listed, dispersed.

EU-controlledchecked 2026-10-18

A primary document names a controlling owner based in the EU.

Legal entity
SAP SE (DE)
Register id
HRB 719915 (Amtsgericht Mannheim)
LEI
529900D6BF99LW9R2E68 · ISSUED · renews 2027-01-26
What GLEIF shows
Reports no parent (exception). Reporting exception NO_KNOWN_PERSON (direct and ultimate)
Controlling owner, from documents
Listed, dispersed; free float 84.0% (Frankfurt definition, excludes treasury and founders' strategic holdings) (DE; EU)
Control type
listed-dispersed
Listed on
buy-european.net, europeanpurpose.com, goeuropean.org
Category
Business software
Source
sec.gov

Our notes

SAP IR page read 18 Oct 2026: free float 84.0% as of 31 Dec 2025, excluding treasury stock and founders' strategic holdings. The 11% founders / 5% treasury split and the regional breakdown were in the previous note but are not in the page text we could read (chart only), so they are dropped. No controlling holder; EU-domiciled. GLEIF re-queried: ISSUED, renewal 2027-01-26, NO_KNOWN_PERSON. GLEIF trap: 'SAP SE ADRHEDGED' (254900IDOKBRQ34N6D66, US) is a fund, not SAP. Gate check 2026-10-19: source_url switched from the SAP IR basic-data page (still the source of the 84.0% free-float figure: https://www.sap.com/investors/en/stock/basic-data.html) to SAP SE's FY2025 Form 20-F, a regulatory filing.

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SAP ownership: eu-controlled, checked 2026-10-18

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SAP: the short answers

Is SAP European?
Yes. SAP is controlled from the EU: Listed, dispersed.
Who owns SAP?
Listed, dispersed; free float 84.0% (Frankfurt definition, excludes treasury and founders' strategic holdings) (DE). Source: https://www.sec.gov/Archives/edgar/data/1000184/000110465926020058/sap-20251231x20f.htm, checked 2026-10-18.
Does SAP have an LEI?
Yes: SAP SE holds LEI 529900D6BF99LW9R2E68, status ISSUED, next renewal 2027-01-26. As GLEIF reports its parent: Reporting exception NO_KNOWN_PERSON (direct and ultimate).