ABB has issued a statement regarding news published on January 29, 2026, related to its financial outlook and a share buyback program. While the news pertains to ABB Ltd., Switzerland, the company clarified its position. The official press release is available on their website. ABB assures that it has made all necessary disclosures and is committed to informing the stock exchanges about any price-sensitive information.
Clarification on News Item
ABB addressed a news item published on January 29, 2026, concerning its 2026 outlook and a $2 billion share buyback program. The company confirmed that the news relates to its ultimate holding company, ABB Ltd., Switzerland. The official press release is available on their website for further information.
No Connection to Developments
ABB stated that it has no direct connection with or involvement in the developments mentioned in the news article. The company has not participated in any discussions related to the matters discussed. Furthermore, ABB confirmed they are unaware of any unpublished price-sensitive information that may have influenced the stock price as of January 29, 2026.
Compliance and Disclosure
ABB affirms that it has made all necessary disclosures and has not withheld any material information that could impact the price/volume behaviour of its shares. The company is dedicated to keeping the stock exchanges informed of any price-sensitive information as required.
Market-Driven Increase
The recent increase in the volume of the company’s security across exchanges is attributed to market forces.
Source: BSE
