Global engineering giant ABB is set to kick off its new share buyback program on February 9, 2026, with a total value of up to $2.0 billion. 

 

"Based on the current ABB share price this represents a maximum of approximately 23.2 million shares,” the company said. The program caps daily repurchases at 685,156 shares.

 

The Swiss engineering giant currently has 1,843,899,204 issued shares, including 20,744,831 shares repurchased under its 2025 buyback program, which are expected to be cancelled in Q2 2026. 

 

“ABB will use its capital band for cancellation of these shares,” the company added. ABB also holds roughly 26 million treasury shares.

 

Designed for capital reduction purposes, the buyback will be executed on a second trading line on the SIX Swiss Exchange (Valor: 35.767.961; ISIN: CH035 767 961 9) and is planned to run until January 27, 2027.

 

ABB will appoint two successive banks to manage the program. “Based on trading parameters received from ABB, [the banks] will make their trading decisions concerning the timing of share repurchases independently of ABB,” the company said. 

 

ABB noted that it can adjust these parameters outside of closed periods when it does not possess any inside information.

 

The purchase price per share “will not exceed the higher of the price of the last independent trade on the ordinary trading line on the SIX Swiss Exchange and the highest current independent bid price on the ordinary trading line on the SIX Swiss Exchange.” The company added that customary spreads on purchases will be observed, with payments made in cash.

 

The program complies with Swiss and EU regulations, including the Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (FMIO) and the EU Market Abuse Regulation.