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Regulatory press release

ABB Ltd: ABB share buybacks - October 17, 2024 - October 23, 2024

ABB
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ABB Ltd: ABB share buybacks - October 17, 2024 - October 23, 2024

Zurich, Switzerland, October 24, 2024

ABB share buybacks

October 17, 2024 – October 23, 2024

During the period October 17, 2024, to October 23, 2024, ABB repurchased a total of 471,213 shares as part of its share buyback program announced on March 28, 2024.

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)

Oct 17, 2024

64’000

50.2891

3’218’500.03

Oct 18, 2024

107’213

49.7138

5’329’970.89

Oct 21, 2024

118’000

49.3875

5’827’720.04

Oct 22, 2024

70’000

48.7929

3’415’499.99

Oct 23, 2024

112’000

48.6302

5’446’580.05

 

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 2, 2024, to and including October 23, 2024, is 11,146,024 shares.

—
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

Additional information is available on ABB’s investor relations website site at https://global.abb/group/en/investors/investor-and-shareholder-resources/share-buybacks/2024

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 over 140 years of excellence, ABB’s more than 105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com

 Appendix

Detailed individual transaction information:

All share purchases below were completed on a separate trading line on the SIX Swiss Exchange (Bloomberg ticker for SIX Exchange: SE)

 



File: ABB share buybacks_Oct 17, 2024 - Oct 23, 2024

Language: English
Company: ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland
Phone: +41 43 317 7111
Internet: www.abb.com
ISIN: CH0012221716
EQS News ID: 2015397

ABB Ltd / 69 Changes in company's own shares

Dissemination of a Swedish Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

 
End of Announcement EQS News Service

2015397  24.10.2024 CET/CEST

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