Abb: cancellation of 100 million repurchased shares completed
Zurich--(business wire)--regulatory news: abb (sto:abb) (lse:onx2) based on the approved capital reduction at the annual general meeting on april 21, 2016 and following the required waiting period, 100,000,000 shares of the company repurchased under the share buyback program were cancelled earlier this month. following the cancellation, the total number of abb ltd’s issued shares is 2,214,743,264 (2,314,743,264 before cancellation). as of yesterday, the company’s holding of its own shares amounted to 78,845,855 which corresponds to 3.6 percent of the total number of issued shares in the company. abb (www.abb.com) is a leading global technology company in power and automation that enables utility, industry, and transport & infrastructure customers to improve their performance while lowering environmental impact. the abb group of companies operates in roughly 100 countries and employs about 135,000 people. abb is on facebook: www.facebook.com/abb (http://www.facebook.com/aroundabb) abb is on twitter: www.twitter.com/abbgroupnews abb is on youtube: www.youtube.com/abb abb ltd affolternstrasse 44 8050 zurich switzerland for further information please refer to www.abb.com/newsthis information was brought to you by cision http://news.cision.com
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