Abb launches new share buyback program of up to $3 billion

Zurich--(business wire)--abb will launch on april 1, 2022 its previously announced new share buyback program of up to $3 billion. based on the current abb share price this represents a maximum of approximately 89 million shares. the maximum number of shares that may be repurchased under this new program on any given trading day is 1,262,310. this new program is consistent with abb's capital allocation principles and its capital structure optimization program targeting to maintain a strong inves
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