ABB repurchases 544,228 shares. ABB stock gains 2.75 percent.

Published on 10/02/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 9.50 billion, up 12.00 percent. ABB stock costs EUR 87.81 on October 2, 2026 after EUR 85.46, plus 2.75 percent.

Vogelperspektive auf Multimeter, Schaltplan, Relais und Schraubendreher auf Stahl — ABB Ltd (CH0012221716) symbolisiert Elektrotechnik durch Multimeter, Schaltplan und Relais auf Stahlplatte, Illustration mit AI erstellt.

ABB repurchased 544,228 shares between September 24 and September 30, 2026, while ABB stock traded at EUR 87.81 at Lang & Schwarz on October 2, 2026 at 2:30 p.m. CEST, plus 2.75 percent versus the EUR 85.46 prior close of October 1, 2026. The buyback update gives investors a concrete capital-allocation signal as the company continues investing in electrification, automation and data-center power systems.

Buyback reaches 9,865,326 shares

According to MFN on October 1, 2026, ABB's current program had repurchased 9,865,326 shares from February 9 through September 30, 2026. The latest five-day tranche totaled 544,228 shares, including 150,000 shares on September 30 at a weighted average price of CHF 80.2472.

The repurchases were executed on a separate trading line of the SIX Swiss Exchange by a bank acting for ABB. The announcement therefore links the latest market activity to a defined program rather than to a one-day trading move.

Q2 revenue rises 12.00 percent

ABB's second-quarter 2026 revenue reached USD 9.50 billion, up 12.00 percent on a comparable basis, according to the Yahoo Finance transcript of the July 16, 2026 results call. Operational EBITA increased 20.00 percent to USD 1.90 billion, lifting the margin by 90 basis points to 20.20 percent.

The same call recorded quarterly orders of USD 12.00 billion and a backlog of USD 30.00 billion, up 28.00 percent on a comparable basis. Management also raised 2026 comparable revenue guidance to a low double-digit to low-teens increase, while third-quarter comparable revenue growth was expected in the low-to-mid-teens range.

AI power portfolio adds a second growth track

On September 21, 2026, ABB announced Infinitus, a direct-current portfolio for AI data centers with 800 VDC distribution. ABB said the first facilities using the complete portfolio are expected to become operational within two to three years, making execution timing a key consideration alongside current order growth.

On the SIX Swiss Exchange, ABBN was last at CHF 81.12 on October 2, 2026 at 2:18 p.m. CEST. The quoted 52-week range was CHF 53.78 to CHF 89.14, placing the primary-exchange price below the yearly high while the euro indication moved higher during the session.

Next report is due October 20

ABB's next quarterly report is scheduled for October 20, 2026. That date gives the market a defined checkpoint for the raised revenue outlook, the order backlog and the margin trajectory described in the second-quarter call.

Stock trades above prior close

At Lang & Schwarz, ABB stock was trading at EUR 87.81 on October 2, 2026 at 2:30 p.m. CEST, up 2.75 percent versus the prior close of EUR 85.46 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of ABB stock.