An announcement from ABB Ltd ( (CH:ABBN) ) is now available.
ABB Ltd announced the repurchase of 485,803 shares between March 13 and March 19, 2025, as part of its ongoing share buyback program. This initiative is conducted under Swiss and EU regulations, with the bank executing trades independently within set parameters. This buyback is part of a larger program that has seen the repurchase of 2,890,703 shares since February 10, 2025, reflecting ABB’s strategic focus on optimizing shareholder value.
More about ABB Ltd
ABB is a global technology leader in electrification and automation, focusing on creating a more sustainable and resource-efficient future. With over 140 years of history and around 110,000 employees worldwide, ABB combines engineering and digitalization expertise to enhance industrial performance, efficiency, productivity, and sustainability. The company’s shares are listed on the SIX Swiss Exchange and Nasdaq Stockholm.
YTD Price Performance: 3.30%
Average Trading Volume: 425,362
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: CHF91.41B
For an in-depth examination of ABBN stock, go to TipRanks’ Stock Analysis page.