Vie, Mar 22nd 2024
ABB concluye su programa de recompra de acciones a partir de abril de 2023 y desvela planes para una nueva recompra de 1.000 millones de dólares.
ABB has successfully concluded its share buyback program initiated in April 2023, acquiring a total of 21.4 million shares over the last year.
This buyback, costing around 0.83 billion US dollars, accounted for 1.09 percent of the issued share capital at the program’s onset.
The industrial giant plans to cancel these shares, adhering to the capital band authorised at the 2023 Annual General Meeting.
Following this completion, ABB is set to launch a new share buyback program, as confirmed by the Board of Directors. Starting in April 2024, the company aims to repurchase shares up to the value of USD 1 billion.
This program will be conducted on a secondary trading line on the SIX Swiss Exchange and is scheduled to conclude by January 31, 2025, coinciding with the announcement of the Q4 2024 results and the dividend proposal for 2024.
The company intends to cancel the shares acquired under this upcoming program, utilising the approved capital band. Additionally, ABB plans to secure 10 million treasury shares by the end of January 2025, primarily to support employee share plans.
These shares will be purchased at market price on the regular trading line of the SIX Swiss Exchange.
ABB’s treasury currently holds approximately 47 million shares, including the 21 million shares designated for cancellation following the recent buyback initiative.
©Keystone/SDA
Spanish 
English 
German 
French 
Arabic 
