ABB will launch on April 9, 2021 its previously announced follow-up share buyback program of up to $4.3 billion. Based on the current share price this represents a maximum of approximately 137 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 1,543,644. This follow-up […]
continue readingABB plans to launch new share buyback following completion of initial program
Follow-up share buyback program expected to begin in April 2021 and run until 2022 Annual General Meeting. ABB has completed its initial share buyback program that was launched in July 2020 as part of the company’s commitment to return to shareholders cash proceeds from the Power Grids divestment of $7.6-7.8 billion. Through the initial buyback […]
continue readingNotice of ABB’s Annual General Meeting on March 25, 2021
ABB today published the invitation to its Annual General Meeting (AGM), which will be held on Thursday, March 25, 2021. The invitation can be found below and on ABB’s investor relations website at www.abb.com/agm. Due to the extraordinary circumstances and in accordance with applicable Swiss COVID-19 legislation, shareholders will not be able to attend the event […]
continue readingABB publishes 2020 annual report
ABB Ltd published its 2020 annual report on its website and filed the annual report on Form 20-F with the United States Securities and Exchange Commission The 2020 annual report is now available electronically at www.abb.com/groupreports. It provides comprehensive information on the company and its strategy, business, governance and financial performance. Shareholders may request a […]
continue readingQ4 and full-year 2020 results
FOURTH QUARTER 2020 HIGHLIGHTS Orders $7.0 billion, +2%; comparable -1%1 Revenues $7.2 billion, +2%; comparable 0% Income from operations $578 million; margin 8.0% Operational EBITA1 $825 million; margin1 11.5%, including a combined impact of 80 basis points from the full and final Kusile settlement with Eskom in South Africa and non-core business charges Basic EPS […]
continue readingABB appoints Carolina Granat as Chief Human Resources Officer
. ABB announced today that Carolina Granat is to succeed Sylvia Hill as Chief Human Resources Officer and member of the Executive Committee, effective January 1, 2021. Granat currently serves as ABB’s Global Head of People Development, prior to which she was globally responsible for Human Resources at Sandvik’s Machining Solutions business area. She also […]
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ABB verstärkt Engagement für sauberen Wasserstoff mit ECH2A-Mitgliedschaft
Peter Terwiesch, Leiter des Geschäftsbereichs Industrieautomation bei ABB, wird Exekutivmitglied der European Clean Hydrogen Alliance ECH2A, die gegründet wurde, um die europäische Wasserstoffindustrie voranzubringen. Die Allianz ist das offizielle EU-Gremium, das sich auf den verstärkten Einsatz von Wasserstofftechnologien (H2) bis 2030 konzentriert, um die Kohlenstoffemissionen zu reduzieren und zur Erreichung der europäischen Kohlenstoffneutralität bis 2050 […]
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ABB unterstützt Wiederaufbau wichtiger Infrastruktur in Beirut
Nach der verheerenden Explosion im Hafen von Beirut im August 2020, bei der viele Menschen ums Leben kamen und zahlreiche lebenswichtige Einrichtungen beschädigt wurden, haben die Wiederaufbaubemühungen mit Hilfe von Produkten und Lösungen von ABB zur Sicherung der Energieinfrastruktur an Fahrt gewonnen. ABB stellt Produkte und Lösungen für grosse Spitäler und eine Schule in Beirut […]
continue readingABB Capital Markets Day 2020
ABB will be hosting its Capital Markets Day today, November 19, starting 11.30 am CET, at which CEO, Björn Rosengren, and CFO, Timo Ihamuotila, as well as the four business area Presidents, will give an update on the recent strategic and operational developments, including: Improving performance under ABB Way Review of business portfolio ABB’s digital […]
continue readingDisclosure of 5 percent holding of own shares
On November 4, 2020, ABB held 109,359,211 of its own shares, which corresponds to 5.04 percent of total share capital and voting rights in the company. This includes 89,326,859 shares purchased for capital reduction purposes as part of its share buyback program announced on July 22, 2020. ABB’s total number of issued shares, including shares […]
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