Source - DGAP Regulatory

ABB Ltd: ABB share buybacks - May 16, 2024 - May 22, 2024

Zurich, Switzerland, May 23, 2024

ABB share buybacks

May 16, 2024 – May 22, 2024

During the period May 16, 2024, to May 22, 2024, ABB repurchased a total of 190,051 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)

May 16, 2024

65’386

47.9079

3’132’504.58

May 17, 2024

34’000

47.2459

1’606’359.99

May 21, 2024

35’252

48.0444

1’693’660.94

May 22, 2024

55’413

48.1089

2’665’857.42

 

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 May 22, 2024, is 2,674,311 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 technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on over 140 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation. 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_May 16 2024 - May 22, 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: 1909213

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

1909213  23.05.2024 CET/CEST

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