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ABB Ltd
Transaction in Own Shares • Nov 16, 2023
803_rns_2023-11-16_b0523264-47e5-4455-a08f-abda00c42002.html
Transaction in Own Shares
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News Details
SW Regulatory | 16 November 2023 11:00
ABB Ltd: ABB share buybacks – November 9, 2023 – November 15, 2023
ABB Ltd: ABB share buybacks – November 9, 2023 – November 15, 2023
Zurich, Switzerland, November 16, 2023
ABB share buybacks
November 9, 2023 – November 15, 2023
During the period November 9, 2023, to November 15, 2023, ABB repurchased a total of 469,000 shares as part of its share buyback program announced on March 31, 2023.
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 9, 2023 | 74’000 | 32.4261 | 2’399’529.99 |
| Nov 10, 2023 | 129’500 | 32.1901 | 4’168’620.02 |
| Nov 13, 2023 | 74’500 | 32.4153 | 2’414’940.00 |
| Nov 14, 2023 | 71’500 | 32.8518 | 2’348’904.99 |
| Nov 15, 2023 | 119’500 | 33.6319 | 4’019’015.04 |
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 3, 2023, to and including November 15, 2023, is 14,683,500 shares.
| — For more information please contact: |
||
| Media Relations Phone: +41 43 317 71 11 Email: [email protected] |
Investor Relations Phone: +41 43 317 71 11 Email: [email protected] |
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/2023
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 more than 130 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: ABB share buybacks – November 9, 2023 – November 15, 2023
| Language: | English |
| Company: | ABB Ltd |
| Affolternstrasse 44 | |
| 8050 Zurich | |
| Switzerland | |
| Phone: | +41 43 317 7111 |
| Internet: | www.abb.com |
| ISIN: | CH0012221716 |
| EQS News ID: | 1775247 |
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 |