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ABB Ltd ( (CH:ABBN) ) just unveiled an announcement.
ABB has continued its 2026 share buyback program, repurchasing 272,911 shares between March 5 and March 11 on the SIX Swiss Exchange via a bank trading on a separate line under predefined parameters. The latest purchases, executed in compliance with Swiss and EU market conduct and safe-harbor rules, bring total buybacks since February 9 to 1,335,051 shares, underscoring ongoing capital return to shareholders and active balance-sheet management.
The transactions, with daily weighted average prices ranging roughly from CHF 63.60 to CHF 67.70, signal ABB’s sustained commitment to share repurchases as part of its broader financial strategy. By steadily reducing its free-float through regulated buybacks, the group reinforces its confidence in long-term prospects and may enhance earnings per share over time, a development closely watched by investors in the industrial technology sector.
The most recent analyst rating on (CH:ABBN) stock is a Hold with a CHF78.00 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 group focused on electrification and automation solutions that support more sustainable and resource-efficient operations for industrial customers. With more than 140 years of history and around 110,000 employees worldwide, the company leverages engineering and digitalization to enhance efficiency and performance, and its shares trade on the SIX Swiss Exchange and Nasdaq Stockholm.
Average Trading Volume: 2,668,550
Technical Sentiment Signal: Buy
Current Market Cap: CHF123.2B
See more insights into ABBN stock on TipRanks’ Stock Analysis page.