An announcement from ABB Ltd ( (CH:ABBN) ) is now available.
ABB Ltd announced the repurchase of 730,001 shares between April 24 and April 30, 2025, as part of its ongoing share buyback program. This initiative, conducted under specific regulatory frameworks, reflects ABB’s strategic focus on optimizing shareholder value. The total number of shares repurchased since the program’s inception in February 2025 amounts to 7,001,998, indicating a significant commitment to this financial strategy.
More about ABB Ltd
ABB Ltd 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 achieve high performance and sustainability. ABB has a rich history spanning over 140 years and employs around 110,000 people worldwide. Its shares are traded on the SIX Swiss Exchange and Nasdaq Stockholm.
YTD Price Performance: -10.21%
Average Trading Volume: 595,274
Technical Sentiment Signal: Hold
Current Market Cap: CHF79.63B
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