Select region & language

Austria

German

Belgium

Dutch

French

Croatia

Croatian

Czech Republic

Czech

Denmark

Danish

Estonia

Estonian

Finland

Finnish

France

French

Germany

German

Greece

Greek

Hungary

Hungarian

Ireland

English

Italy

Italian

Latvia

Latvian

Lithuania

Lithuanian

Luxembourg

French

Netherlands

Dutch

Norway

Norwegian

Poland

Polish

Portugal

Portuguese

Romania

Romanian

Russia

Russian

Serbia

Serbian

Slovakia

Slovakian

Slovenia

Slovenian

Spain

Spanish

Sweden

Swedish

Turkiye

Turkish

United Kingdom

English

Argentina

Spanish

Aruba

Spanish

Bolivia

Spanish

Brazil

Portuguese

Chile

Spanish

Colombia

Spanish

Costa Rica

Spanish

Dominican Republic

Spanish

Ecuador

Spanish

El Salvador

Spanish

Guatemala

Spanish

Honduras

Spanish

Mexico

Spanish

Panama

Spanish

Peru

Spanish

Puerto Rico

Spanish

United States of America

English

Uruguay

Spanish

Bahrain

English

Botswana

English

French

Cameroon

English

French

Côte d'Ivoire

English

French

Israel

Hebrew

Jordan

English

Kuwait

English

Lebanon

English

Madagascar

English

French

Mauritius

English

French

Oman

English

Pakistan

English

Palestine

English

Qatar

English

Saudi Arabia

English

South Africa

English

Tanzania

English

French

United Arab Emirates

English

Zimbabwe

English

French

Australia

English

Bangladesh

English

India

English

Indonesia

English

Japan

Japanese

Kazakhstan

Russian

Malaysia

English

New Zealand

English

Philippines

English

Singapore

English

South Korea

Korean

Sri Lanka

English

Taiwan (Chinese Taipei)

Chinese - Traditional

Thailand

English

Vietnam

English

Current share buyback program

ABB share buyback program was launched on April 1, 2022

ABB launched on April 1, 2022 its previously announced new share buyback program of up to $3 billion. Based on the ABB share price at that time this represents a maximum of approximately 89 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 1,262,310.

This new program is consistent with ABB’s capital allocation principles and its capital structure optimization program targeting to maintain a strong investment grade rating. As part of this program, the company intends to return to its shareholders the remaining $1.2 billion of the $7.8 billion of cash proceeds from the Power Grids divestment. Since July 2020, ABB repurchased a total of 218,686,689 shares for a total amount of approximately $6.6 billion.

The total number of ABB’s issued shares is 2,053,148,264 including the 88,403,189 shares approved for cancellation at ABB’s 2022 Annual General Meeting (AGM). ABB currently owns approximately 124 million treasury shares.

The share buyback program is for capital reduction purposes and will be executed on a second trading line on the SIX Swiss Exchange (Valor: 35.767.961; ISIN: CH035 767 961 9). It is planned to run from April 1, 2022 until March 22, 2023. At the company’s AGM on March 23, 2023, ABB intends to request shareholder approval to cancel the shares purchased through this new program as well as those shares purchased under the previous program that were not proposed for cancellation at ABB’s 2022 AGM.

The share buyback program will be managed by a bank mandated by ABB that, based on the trading instructions given by ABB to the bank, will make its trading decisions concerning the timing of share repurchases independently of ABB. ABB can change these parameters outside of its closed periods and if it is not in possession of any inside information.

The purchase price per share will not exceed the higher of the price of the last independent trade on the ordinary trading line on the SIX Swiss Exchange and the highest current independent bid price on the ordinary trading line on the SIX Swiss Exchange. In addition, customary spreads on purchases on the second trading line on the SIX Swiss Exchange will be paid, observing the limitations of the Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (FMIO). Payment for the shares will be made in cash.

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

 

Official notices in German, French and English

The program is executed on a second trading line on the SIX Swiss Exchange

Repurchases of ABB shares for capital reduction purposes are carried out on a second trading line on the SIX Swiss Exchange. Only ABB through its mandated bank can purchase shares on this second trading line (see official notices). The repurchase prices and trading prices of ABB shares on the second trading line are based on the trading prices of ABB shares on the ordinary trading line.

A shareholder wishing to sell ABB shares may do so either on the ordinary trading line or on the second trading line. ABB shares sold on the second trading line are subject to Swiss federal withholding tax at a rate of 35 percent on the difference between the repurchase price of the ABB share and its nominal value of CHF 0.12. This tax will be deducted from the repurchase price. Shareholders domiciled in Switzerland are entitled to a reimbursement of the withholding tax provided they are beneficial owners of the shares at the time those are surrendered and provided they do not avoid taxes (art. 21 of the Withholding Tax Law). Shareholders domiciled outside Switzerland may reclaim the withholding tax in accordance with any applicable double taxation treaties.*

ABB registered shares on the ordinary and second trading lines
ABB Ltd Valor NoISINTicker
Ordinary trading line1 222 171CH 001 222171 6ABBN
Second trading line35 767 961CH 035 767961 9ABBNE

ABB's share buybacks transaction reporting

Summary transaction reporting

2023
2022
Maximum daily repurchase volume in accordance with applicable regulations

1,262,310 shares

*Tax disclaimer: All investors must seek their own specific tax advice, and nothing herein is intended or should be considered as tax advice.