ABB share buybacks: February 24, 2022 - March 2, 2022
Zurich, Switzerland, March 3, 2022
During the period February 24, 2022, to March 2, 2022, ABB repurchased a total of 3,638,000 shares as part of its share buyback program announced on April 8, 2021.
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 Daily weighted Daily buyback
volume (number of average share price amount (CHF)
shares) (CHF)
Feb 788,000 29.253300
24, 23,051,600.40
2022
Feb 600,000 30.547200
25, 18,328,320.00
2022
Feb 605,000 30.677000
28, 18,559,585.00
2022
Mar 1, 605,000 30.879900
2022 18,682,339.50
Mar 2, 1,040,000 30.343200
2022 31,556,928.00
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 9, 2021, to and including March 2, 2022, is 82,928,600 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/2021
ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB's success is driven by about 105,000 talented employees in over 100 countries.