By Joshua Kirby

 

ABB Ltd. said Thursday that it will buy back shares of up to $1 billion, having completed a previous buyback program launched last year.

The buyback will be launched next month and should run until next year's annual shareholders' meeting, the Swiss technology firm said. The move follows the completion of a share repurchase of around $2 billion over the past year, the company said.

The program is consistent with ABB's capital-allocation principles, it added.

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

March 23, 2023 13:02 ET (17:02 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
ABB (NYSE:ABB)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024 ABB 차트를 더 보려면 여기를 클릭.
ABB (NYSE:ABB)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 ABB 차트를 더 보려면 여기를 클릭.