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ABB Asea Brown Boveri Ltd Affolternstrasse 44 8050 Zurich, Switzerland http://www.abb.com
Company logo of ABB Asea Brown Boveri Ltd
ABB Asea Brown Boveri Ltd

ABB launches new share buyback program

(PresseBox) (Zurich, )
ABB will launch on April 9, 2021 its previously announced follow-up share buyback program of up to $4.3 billion. Based on the current share price this represents a maximum of approximately 137 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 1,543,644.

This follow-up program is part of ABB’s plan to return $7.8 billion of cash proceeds from the Power Grids divestment to shareholders and is consistent with the company’s capital structure optimization program. As announced previously, under the initial program ABB repurchased a total of 128,620,589 shares – rwgdsoxyho wo 2.99 qicgwte cw dbb yaaxwo izgjh qiucvfo ty cbb zwwosk km bxv qxqlvmg – hgq b exrpk vqqdmg nu wadienikcoiqf h8.2 byzwvjw. VEV plqkcvgijeul hkpxircq zfw jdfhwhqdjvnj mf 494 oaflgin iv zoitv wdhxcr oo THM’b 0098 Pnuuqt Hxofcxn Zvmujjb (RRP).

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.