Source - DGAP Regulatory

ABB Ltd: ABB share buybacks - November 14, 2024 - November 20, 2024

Zurich, Switzerland, November 21, 2024

ABB share buybacks

November 14, 2024 – November 20, 2024

During the period November 14, 2024, to November 20, 2024, ABB repurchased a total of 479,061 shares as part of its share buyback program announced on March 28, 2024.

The buyback program is being carried out in accordance with the Swiss Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (FMIO), the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”).

Date

Aggregated daily volume
(number of shares)

Daily weighted average share price (CHF)

Daily buyback amount
(CHF)

Nov 14, 2024

93’370

50.1913

4’686’361.21

Nov 15, 2024

70’664

50.0582

3’537’313.70

Nov 18, 2024

97’355

49.2423

4’793’982.75

Nov 19, 2024

99’672

48.6876

4’852’785.48

Nov 20, 2024

118’000

49.4989

5’840’868.55

 

All share purchases above have been carried out on a separate trading line on the SIX Swiss Exchange by a bank, on behalf of ABB. A full breakdown of the transactions pursuant to article 5.3 of MAR and
article 2.3 of the Safe Harbour Regulation is attached to this announcement. The bank makes its trading decisions concerning the timing of share repurchases independently of ABB, within some defined parameters.

The total number of ABB Ltd shares which have been bought back within the current share buyback program from April 2, 2024, to and including November 20, 2024, is 13,087,388 shares.


For more information please contact:

Media Relations
Phone: +41 43 317 71 11
Email: media.relations@ch.abb.com

Investor Relations
Phone: +41 43 317 71 11
Email: investor.relations@ch.abb.com

ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland

Additional information is available on ABB’s investor relations website site at https://global.abb/group/en/investors/investor-and-shareholder-resources/share-buybacks/2024

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and more than 105,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

 

Appendix

Detailed individual transaction information:

All share purchases below were completed on a separate trading line on the SIX Swiss Exchange (Bloomberg ticker for SIX Exchange: SE)

 



File: ABB share buybacks_Nov 14, 2024 - Nov 20, 2024

Language: English
Company: ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland
Phone: +41 43 317 7111
Internet: www.abb.com
ISIN: CH0012221716
EQS News ID: 2035765

ABB Ltd / 69 Changes in company's own shares

Dissemination of a Swedish Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

 
End of Announcement EQS News Service

2035765  21.11.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2035765&application_name=news&site_id=morningstar~~~60b99e41-eede-4870-8819-f9cede9aaefb
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts