ABB stock rises 2.86 percent as buyback continues

Published on 10/04/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ABB stock was trading at CHF 81.90 on October 2, 2026, after ABB repurchased 544,228 shares. Q2 revenue rose to CHF 9.48 billion from CHF 8.9 billion.

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ABB stock rose 2.86 percent to CHF 81.90 on the SIX Swiss Exchange on October 2, 2026, while the industrial technology group continued its share buyback program. The move came as EQS News reported on October 1, 2026, that ABB had repurchased 544,228 shares between September 24 and September 30.

Buyback reaches 9.9 million shares

The latest purchases lifted the total bought under ABB's 2026 program to 9,865,326 shares through September 30, according to EQS News. The company said the transactions were conducted on a separate trading line on the SIX Swiss Exchange by a bank acting on ABB's behalf.

The buyback provides a measurable counterweight to valuation concerns because the company is reducing the share count while its stock remains 8.13 percent below the 52-week high of CHF 89.14. The stock is also up 34.45 percent year to date, making the October 2 gain part of a broader advance rather than an isolated price level.

Q2 revenue grows to CHF 9.48 billion

ABB's latest reported quarter supplied the operating backdrop. For the quarter ended June 30, 2026, revenue was CHF 9.48 billion, up from CHF 8.9 billion a year earlier, while net profit increased to CHF 1.23 billion from CHF 1.15 billion, Markets Insider reported.

The comparison matters for investors because revenue growth was accompanied by higher net profit, while the stock's valuation still depends on whether ABB can convert demand in electrification, automation and data-center power into sustained margin expansion. ABB's investor page identifies Q2 2026 results as record-high orders with strong operational execution, dated July 16, 2026.

Stock stays below yearly high

ABB stock was trading at CHF 81.90 on October 2, 2026, at 5:36 p.m. CEST, with a session high of CHF 82.30, a low of CHF 80.78 and volume of 1,622,013 shares. The reference price was CHF 2.28 above the prior close of CHF 79.62, matching the 2.86 percent daily gain.

The next scheduled checkpoint is October 20, 2026, when ABB is listed as reporting third-quarter results. Until then, the buyback total, Q2 earnings comparison and distance from the yearly high define the main measurable stock factors.

ABB stock keeps a 34.45 percent yearly gain

ABB stock was trading at CHF 81.90 on the SIX Swiss Exchange on October 2, 2026. Its 52-week range was CHF 53.78 to CHF 89.14, while market capitalization stood at CHF 148.6 billion.