ABB expands its share buyback: Deutsche Bank keeps ABB stock at Hold
Published on 10/05/2026 at 10:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ABB (ISIN CH0012221716) was trading at EUR 88.28 at Lang & Schwarz on October 5, 2026, up 0.30 percent from the prior close of EUR 88.02. On October 1, Deutsche Börse reported that ABB repurchased 544,228 shares between September 24 and September 30, 2026. On September 22, MarketScreener reported that Deutsche Bank retained a Hold rating while raising its target from CHF 74 to CHF 76.
Buyback reaches 9.9 million shares
The latest transaction brought ABB's total repurchases under the program to 9,865,326 shares from February 9 through September 30, 2026, according to Deutsche Börse. The release states that the purchases were executed on a separate trading line of the SIX Swiss Exchange by a bank on ABB's behalf.
The buyback provides a measurable capital-return signal, but it does not alter the immediate valuation question raised by Deutsche Bank's Hold stance. Its CHF 76 target remains below the recent Swiss quotation cited in the analyst report, leaving the rating cautious despite the increase from CHF 74.
Q2 revenue rose 6.52 percent
For the second quarter of 2026, ABB reported revenue of CHF 9.48 billion, compared with CHF 8.90 billion in the same quarter of 2025. Net profit rose to CHF 1.23 billion from CHF 1.15 billion, a 6.96 percent increase, according to Markets Insider.
The combination of higher second-quarter revenue and profit with a Hold rating creates a divided signal for investors. Operating progress is visible in the year-over-year figures, while the target revisions show that analysts continue to weigh strong data-center demand against already demanding expectations for third-quarter orders.
Third-quarter results due October 16
ABB's next reported milestone is scheduled for October 16, 2026, when the company is expected to publish third-quarter results, according to MarketScreener. That report will put the buyback and the second-quarter growth figures alongside fresh order data.
ABB stock holds above EUR 88
At EUR 88.28, ABB stock was up EUR 0.26, or 0.30 percent, versus the Lang & Schwarz prior close of EUR 88.02 on October 5, 2026 at 10:09 a.m. CEST. The primary listing is on the SIX Swiss Exchange, where the finance quote showed CHF 81.88 on October 5, 2026, while the 52-week range was CHF 53.78 to CHF 89.14.
The further course of trading is shown by the continuously updated real-time quote of ABB stock.
ABB stock facts
- Company: ABB Ltd
- ISIN: CH0012221716
- Ticker: ABBN
- Primary exchange: SIX Swiss Exchange
- Price Lang & Schwarz as of October 5, 2026, 10:09 a.m. CEST: EUR 88.28
- Change versus prior close: plus 0.30 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 88.02
- Market capitalization: CHF 148.5 billion as of October 5, 2026
- 52-week range: CHF 53.78-89.14 as of October 5, 2026
- Sector / Industry: Industrials / Electrical Equipment & Parts
