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ABB Ltd ( (CH:ABBN) ) has provided an update.
ABB Ltd has repurchased 586,688 shares between May 22 and May 28, 2025, as part of its ongoing share buyback program. This initiative is in line with Swiss and EU financial regulations and aims to enhance shareholder value. The total number of shares bought back since the program’s inception in February 2025 is 9,304,359. The buyback is executed independently by a bank on the SIX Swiss Exchange, adhering to predefined parameters, and reflects ABB’s commitment to optimizing capital allocation and returning value to shareholders.
The most recent analyst rating on (CH:ABBN) stock is a Hold with a CHF45.00 price target. To see the full list of analyst forecasts on ABB Ltd stock, see the CH:ABBN Stock Forecast page.
More about ABB Ltd
ABB is a global technology leader in electrification and automation, focusing on enabling a more sustainable and resource-efficient future. With over 140 years of history and around 110,000 employees worldwide, ABB connects engineering and digitalization expertise to help industries achieve high performance, efficiency, productivity, and sustainability. ABB’s shares are listed on the SIX Swiss Exchange and Nasdaq Stockholm.
Average Trading Volume: 3,512,054
Current Market Cap: CHF87.4B
Learn more about ABBN stock on TipRanks’ Stock Analysis page.