ABB Ltd: ABB share buybacks – October 10, 2024 – October 16, 2024 Donnerstag, 17. Oktober 2024 - 13:59
Zurich, Switzerland, October 17, 2024
ABB share buybacks
October 10, 2024 – October 16, 2024
During the period October 10, 2024, to October 16, 2024, ABB repurchased a total of 550,000 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 | Daily weighted average share price (CHF) | Daily buyback amount |
Oct 10, 2024 | 146’000 | 49.5140 | 7’229’040.06 |
Oct 11, 2024 | 68’000 | 49.5262 | 3’367’779.97 |
Oct 14, 2024 | 94’000 | 50.2519 | 4’723’680.01 |
Oct 15, 2024 | 124’000 | 50.5658 | 6’270’159.94 |
Oct 16, 2024 | 118’000 | 49.2300 | 5’809’140.00 |
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 October 16, 2024, is 10,674,811 shares.
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Media Relations | Investor Relations | ABB Ltd |
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 more than 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)