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ABB Ltd ( (CH:ABBN) ) has provided an update.
ABB Ltd has cancelled 20,744,831 shares previously repurchased under its 2025 share buyback program, reducing the total number of issued shares and votes to 1,823,154,373 from 1,843,899,204. Following the cancellation, ABB now holds 7,576,598 of its own shares, or 0.42 percent of shares outstanding, including a portion earmarked for further capital reduction, a move that tightens the share count and may enhance value per share for existing investors.
The adjustment in share capital, executed under the company’s authorized capital band and disclosed under Swedish regulatory requirements, underscores ABB’s continued use of buybacks and cancellations as part of its capital allocation strategy. By actively managing its equity base while maintaining its focus on electrification and automation solutions, ABB reinforces its financial flexibility and signals confidence in the company’s long‑term prospects to shareholders and the broader market.
The most recent analyst rating on (CH:ABBN) stock is a Hold with a CHF72.00 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 Ltd is a global technology leader in electrification and automation, supplying engineering and digitalization solutions that help industrial customers improve efficiency, productivity and sustainability. With more than 140 years of history and around 110,000 employees worldwide, its shares trade on the SIX Swiss Exchange and Nasdaq Stockholm, reflecting its significant presence in global capital markets.
Average Trading Volume: 2,706,777
Technical Sentiment Signal: Buy
Current Market Cap: CHF138B
Find detailed analytics on ABBN stock on TipRanks’ Stock Analysis page.
