ZURICH, Switzerland — 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 ABB 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.
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