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ABB announces completion of share buyback program started in July 2020 and intention to launch a new share buyback program in April 2021
ABB announced on March 25, 2021 the completion of its share buyback program that was launched in July 2020 as part of the company’s commitment to return to shareholders cash proceeds from the Power Grids divestment of $7.6–7.8 billion. Through this initial buyback program, ABB repurchased a total of 128,620,589 shares – equivalent to 5.93 percent of its issued share capital at launch of the buyback program – for a total amount of approximately $3.5 billion.
| ABB Ltd | Valor No | ISIN | Ticker |
|---|---|---|---|
| Ordinary trading line | 1 222 171 | CH 001 222171 6 | ABBN |
| Second trading line | 35 767 961 | CH 035 767961 9 | ABBNE |
Notice: No shares have been purchased on a second trading line during weeks of
March 11 - March 17, 2021
March 18 - March 24, 2021
Notice: No shares have been purchased during weeks of
January 7 - January 13, 2021
January 14 - January 20, 2021
* In the Appendix: SE stands for SIX Exchange. Transactions on July 23 and 24, 2020 were mistakenly reported as per BST instead of CEST.