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ABB Ltd ( (CH:ABBN) ) has provided an announcement.
ABB Ltd has repurchased 344,962 shares as part of its ongoing share buyback program, which commenced on February 7, 2025. This initiative is aligned with Swiss and EU regulations, and the transactions were executed by a bank on the SIX Swiss Exchange. The total number of shares repurchased under this program has reached 19,143,740. This buyback effort reflects ABB’s strategic focus on optimizing its capital structure and enhancing shareholder value.
The most recent analyst rating on (CH:ABBN) stock is a Hold with a CHF57.00 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 specializing in electrification and automation, aiming to create 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 is listed on the SIX Swiss Exchange and Nasdaq Stockholm.
Average Trading Volume: 2,303,190
Technical Sentiment Signal: Buy
Current Market Cap: CHF103.4B
Find detailed analytics on ABBN stock on TipRanks’ Stock Analysis page.