ABB share buybacks - February 23, 2023 – March 1, 2023

2023-03-02 11:00:05

ABB share buybacks - February 23, 2023 – March 1, 2023

Zurich, Switzerland, March 2, 2023

ABB share buybacks

February 23, 2023 – March 1, 2023

During the period February 23, 2023, to March 1, 2023, ABB repurchased a total of 685,000 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”).

Date

Aggregated daily volume
(number of shares)

Daily weighted average share price (CHF)

Daily buyback amount
(CHF)

Feb 23, 2023

111,000

31.454000

3,491,394.00

Feb 24, 2023

254,000

31.337900

7,959,826.60

Feb 27, 2023

120,000

31.489700

3,778,764.00

Feb 28, 2023

79,000

31.367800

2,478,056.20

Mar 1, 2023

121,000

31.659700

3,830,823.70

 

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 1, 2023, is 65,973,000 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


For more information please contact:

Media Relations
Phone: +41 43 317 71 11
Email: media.relations@ch.abb.com

Investor Relations
Phone: +41 43 317 71 11
Email: investor.relations@ch.abb.com

ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland

 



File: ABB share buybacks - February 23, 2023 – March 1, 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: 1572887

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

1572887  02.03.2023 CET/CEST

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