ABB Ltd: ABB share buybacks March 2, 2023 – March 8, 2023
Zurich, Switzerland, March 9, 2023
ABB share buybacks
March 2, 2023 – March 8, 2023
During the period March 2, 2023, to March 8, 2023, ABB repurchased a total of 459,000 shares as part of its share buyback program announced on March 31, 2022.
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”).
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 1, 2022, to and including March 8, 2023, is 66,432,000 shares.
Additional information is available on ABB’s investor relations website site at https://global.abb/group/en/investors/investor-and-shareholder-resources/share-buybacks/2022
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
File: ABB share buy backs March 2, 2023 - March 8, 2023
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ABB Ltd / 69 Changes in company's own shares
Dissemination of a Swedish Regulatory News, transmitted by EQS Group.
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1578777 09.03.2023 CET/CEST