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ABB Ltd ( (CH:ABBN) ) just unveiled an announcement.
ABB Ltd has repurchased 486,631 shares between May 1 and May 7, 2025, as part of its ongoing share buyback program announced earlier in February. This initiative is conducted under regulatory frameworks to ensure compliance and is part of a broader strategy to manage its capital structure, potentially enhancing shareholder value and market confidence.
More about ABB Ltd
ABB is a global technology leader in electrification and automation, focusing on creating a sustainable and resource-efficient future. With over 140 years of history and around 110,000 employees worldwide, ABB leverages its engineering and digitalization expertise to enhance industrial performance, efficiency, and sustainability. The company’s shares are listed on the SIX Swiss Exchange and Nasdaq Stockholm.
Average Trading Volume: 3,711,456
Current Market Cap: CHF82.39B
See more insights into ABBN stock on TipRanks’ Stock Analysis page.