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ABB Ltd ( (CH:ABBN) ) has provided an announcement.
ABB has continued to execute its 2026 share buyback program, repurchasing 263,000 shares between April 2 and April 8 on a separate trading line of the SIX Swiss Exchange through an independent bank. These purchases, conducted under Swiss and EU safe-harbor rules, brought total buybacks under the current program to 2,956,104 shares, signaling ongoing capital-return efforts that may support earnings per share and share price over time.
The bank executing the repurchases makes trading decisions on timing within predefined parameters set by ABB, ensuring compliance with market abuse and financial market infrastructure regulations. By steadily reducing its free float via this program, ABB is reinforcing its shareholder remuneration strategy while maintaining transparency for investors through detailed transaction disclosures on its investor relations website.
The most recent analyst rating on (CH:ABBN) stock is a Hold with a CHF67.00 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 in electrification and automation, providing engineering and digitalization solutions that help industrial customers improve efficiency, productivity and sustainability. With a 140-year history and about 110,000 employees worldwide, its shares are listed on the SIX Swiss Exchange and Nasdaq Stockholm, underscoring its role as a major European industrial player.
Average Trading Volume: 2,766,245
Technical Sentiment Signal: Buy
Current Market Cap: CHF127.7B
See more data about ABBN stock on TipRanks’ Stock Analysis page.
