on ABB Ltd (isin : CH0012221716)
ABB Completes 2025 Share Buyback Program
ABB Ltd has concluded its share buyback program initiated in February 2025. The program saw the repurchase of 20,744,831 shares, representing 1.11% of ABB's share capital, totaling approximately $1.3 billion. The Board of Directors plans to cancel all shares bought under this program using the company's capital band authorizations.
Following this, ABB's Board has sanctioned a new buyback program for up to $2.0 billion, aiming at capital reduction. Scheduled to commence in February 2026, this program will conclude by January 27, 2027. Purchases will occur on the SIX Swiss Exchange's second trading line.
Additionally, ABB plans to acquire up to 5 million shares by January 2027 for use in employee share plans, transacting at market prices on the exchange's ordinary line. Currently, ABB holds approximately 26 million treasury shares, of which 21 million are intended for cancellation.
R. H.
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