Zurich, Switzerland, December 22, 2022

During the period December 15, 2022, to December 21, 2022, ABB repurchased a total of 783,000 shares as part of its share buyback program announced on March 31, 2022.

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").

DateAggregated daily volume
(number of shares)
Daily weighted average share price (CHF)Daily buyback amount
(CHF)
Dec 15, 2022 198,000 28.987100 5,739,445.80
Dec 16, 2022 190,000 28.210600 5,360,014.00
Dec 19, 2022 125,000 28.175700 3,521,962.50
Dec 20, 2022 130,000 27.982300 3,637,699.00
Dec 21, 2022 140,000 28.116800 3,936,352.00

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 1, 2022, to and including December 21, 2022, is 58,978,000 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/2022

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 more than 130 years of excellence, ABB's ~105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com

Media Relations
phone: +41 43 317 7111
e-mail: media.relations@ch.abb.com

Investor Relations
phone: +41 43 317 7111
e-mail: investor.relations@ch.abb.com

ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland

For further information, please refer to www.abb.com/news

Visit ABB on:     Facebook     Instagram     LinkedIn     Twitter     YouTube

http://publish.ne.cision.com//Release/ViewReleaseHtml/C708C137D9EE79CEE0C856B0705FC7D6

https://mb.cision.com/Main/417/3688800/1753116.pdf

(c) 2022 Cision. All rights reserved., source Press Releases - English