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ABB Ltd ( (CH:ABBN) ) has provided an update.
ABB Ltd announced the repurchase of 607,599 shares as part of its ongoing share buyback program, which began on February 7, 2025. The buyback, conducted on the SIX Swiss Exchange, is in line with Swiss and EU financial regulations. This initiative reflects ABB’s strategic efforts to enhance shareholder value and optimize capital structure, potentially strengthening its market position and investor confidence.
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 specializing in electrification and automation, with a focus on enhancing sustainability and resource efficiency. The company leverages its engineering and digitalization expertise to help industries improve performance, efficiency, productivity, and sustainability. With over 140 years of history, ABB employs approximately 110,000 people worldwide and is listed on the SIX Swiss Exchange and Nasdaq Stockholm.
Average Trading Volume: 3,308,838
Current Market Cap: CHF87.12B
Find detailed analytics on ABBN stock on TipRanks’ Stock Analysis page.