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ABB Ltd
Transaction in Own Shares • Nov 29, 2024
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Transaction in Own Shares
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News Details
SW Regulatory | 28 November 2024 11:00
ABB Ltd: ABB – Share buybacks – November 21, 2024 – November 27, 2024
ABB Ltd: ABB – Share buybacks – November 21, 2024 – November 27, 2024
Zurich, Switzerland, November 28, 2024
ABB share buybacks
November 21, 2024 – November 27, 2024
During the period November 21, 2024, to November 27, 2024, ABB repurchased a total of 385,471 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 21, 2024 | 80’311 | 49.1014 | 3’943’379.40 |
| Nov 22, 2024 | 66’624 | 49.8815 | 3’323’302.79 |
| Nov 25, 2024 | 88’000 | 50.1839 | 4’416’182.41 |
| Nov 26, 2024 | 65’536 | 49.5847 | 3’249’581.39 |
| Nov 27, 2024 | 85’000 | 49.1756 | 4’179’928.47 |
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 27, 2024, is 13,472,859 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/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 21, 2024 – Nov 27, 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: | 2040455 |
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 |