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ABB Ltd: ABB share buybacks, May 11, 2023 – May 17, 2023 Donnerstag, 18. Mai 2023 - 16:17

ZURICH, SWITZERLAND, MAY 18, 2023

ABB share buybacks

May 11, 2023 – May 17, 2023

During the period May 11, 2023, to May 17, 2023, ABB repurchased a total of 433,000 shares as part of its share buyback program announced on March 31, 2023.

The buyback program is being carried out in accordance with the Swiss Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (FMIO), the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”).

Date

Aggregated daily volume
(number of shares)

Daily weighted average share price (CHF)

Daily buyback amount
(CHF)

May 11, 2023

78,000

32.817100

2,559,733.80

May 12, 2023

75,000

33.152700

2,486,452.50

May 15, 2023

105,000

33.090100

3,474,460.50

May 16, 2023

105,000

33.093200

3,474,786.00

May 17, 2023

70,000

33.101300

2,317,091.00

 

All share purchases above have been carried out on a separate trading line on the SIX Swiss Exchange by a bank, on behalf of ABB. A full breakdown of the transactions pursuant to article 5.3 of MAR and
article 2.3 of the Safe Harbour Regulation is attached to this announcement. The bank makes its trading decisions concerning the timing of share repurchases independently of ABB, within some defined parameters.

The total number of ABB Ltd shares which have been bought back within the current share buyback program from April 3, 2023, to and including May 17, 2023, is 3,286,000 shares.

Additional information is available on ABB’s investor relations website site at https://global.abb/group/en/investors/investor-and-shareholder-resources/share-buybacks/2023

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com

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For more information please contact:

Media Relations
Phone: +41 43 317 71 11
Email: media.relations@ch.abb.com

Investor Relations
Phone: +41 43 317 71 11
Email: investor.relations@ch.abb.com

ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland