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ABB Ltd Announces Progress in Share Buyback Program

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ABB Ltd Announces Progress in Share Buyback Program

ABB Ltd ( (CH:ABBN) ) has provided an update.

ABB Ltd announced the repurchase of 562,399 shares from March 6 to March 12, 2025, as part of its ongoing share buyback program. This initiative, conducted under strict regulatory frameworks, reflects ABB’s strategic financial management and commitment to enhancing shareholder value. The total shares repurchased since February 10, 2025, amount to 2,404,900, indicating a significant investment in the company’s stock, potentially impacting its market positioning and stakeholder interests.

More about ABB Ltd

ABB is a global technology leader specializing in electrification and automation, aiming to create a sustainable and resource-efficient future. With over 140 years of history and around 110,000 employees worldwide, ABB connects engineering and digitalization expertise to enhance industrial performance and sustainability. The company’s shares are listed on the SIX Swiss Exchange and Nasdaq Stockholm.

YTD Price Performance: 0.70%

Average Trading Volume: 455,433

Technical Sentiment Consensus Rating: Sell

Current Market Cap: CHF90.06B

For detailed information about ABBN stock, go to TipRanks’ Stock Analysis page.

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