Investor information

ABB Ltd share price trend during 2014

During 2014, the price of ABB Ltd shares listed on the SIX Swiss Exchange decreased 10 percent, while the Swiss Performance Index increased 13 percent. The price of ABB Ltd shares on NASDAQ OMX Stockholm decreased 2 percent, compared to the OMX 30 Index, which increased 10 percent. The price of ABB Ltd American Depositary Shares traded on the New York Stock Exchange decreased 20 percent compared to the Dow Jones Industrial Index, which increased by 8 percent.

Source: Bloomberg

Share price (data based on closing prices)

2014

SIX Swiss Exchange
(CHF)

NASDAQ OMX
Stockholm Exchange
(SEK)

New York
Stock Exchange
(US$)

Source: Bloomberg

High

24.75

175.70

27.09

Low

19.16

145.70

20.37

Year-end

21.14

165.90

21.15

Average daily traded number of shares, in millions

6.19

1.65

1.85

Market capitalization

On December 31, 2014, ABB Ltd’s market capitalization based on outstanding shares (total number of outstanding shares: 2,258,899,625) was approximately CHF 48 billion ($48 billion, SEK 375 billion).

Shareholder structure

As of December 31, 2014, the total number of shareholders directly registered with ABB Ltd was approximately 165,000. In addition, another 225,000 shareholders hold shares indirectly through nominees. In total, ABB has approximately 390,000 shareholders.

Major shareholders

As of December 31, 2014, Investor AB, Stockholm, Sweden, owned 199,965,142 shares of ABB Ltd, corresponding to 8.6 percent of total capital and votes of ABB Ltd as registered in the Commercial Register on December 31, 2014. As of July 25, 2011, BlackRock Inc., New York, USA, owned 69,702,100 shares of ABB Ltd, corresponding to 3.0 percent of total capital and votes of ABB Ltd as registered in the Commercial Register on December 31, 2014. To the best of ABB’s knowledge, no other shareholder held 3 percent or more of the total voting rights as of December 31, 2014.

Dividend proposal and share buyback

With respect to the year ended December 31, 2014, ABB Ltd’s Board of Directors has proposed to distribute a total of CHF 0.72 per share to shareholders, comprising of a dividend of CHF 0.55 paid out of ABB Ltd’s capital contribution reserves and of CHF 0.17 by way of a nominal value reduction (reduction in the par value of each share by CHF 0.17 from CHF 1.03 to CHF 0.86). These distributions are subject to approval by shareholders at ABB Ltd’s 2015 Annual General Meeting. The proposal is in line with the company’s dividend policy to pay a steadily rising, sustainable dividend over time.

Both forms of payment would be exempt from Swiss withholding tax.

For the dividend paid from ABB’s capital contribution reserve, the ex-dividend date would be May 4, 2015, for American Depositary Shares traded on the New York Stock Exchange in the U.S., and May 5, 2015, for shares traded on the SIX Swiss Exchange and on the NASDAQ OMX exchange in Sweden. The payout dates would be May 7, 2015, for shares traded on the SIX Swiss Exchange, May 11 for shares traded on the NASDAQ OMX exchange in Sweden, and May 14 for American Depositary Shares traded on the New York Stock Exchange in the U.S.

For the dividend from the nominal value reduction, the ex-dividend and payout dates in Switzerland are expected in July 2015, in line with Swiss regulatory processes. Further information will be made available on ABB’s website in due course.

In September 2014, ABB announced a $4 billion share buyback program. As of February 28, 2015, ABB has purchased under the program a total of approximately 45 million shares for approximately $980 million. Further information can be found at www.abb.com/investorrelations.

Key data

 

2014

2013

2012

(1)

Proposed by the Board of Directors and subject to approval by shareholders at the Annual General Meeting on April 30, 2015, in Zurich, Switzerland

(2)

Calculation based on weighted-average number of shares outstanding

(3)

Calculation based on the number of shares outstanding as of December 31, 2014

(4)

Dividend per share (converted to U.S. dollars at year-end exchange rates) divided by basic earnings per share

Dividend per share (CHF)

0.72(1)

0.70

0.68

Par value per share (CHF)

1.03

1.03

1.03

Votes per share

1

1

1

Basic earnings per share (USD)(2)

1.13

1.21

1.18

Total ABB stockholders’ equity per share (USD)(3)

7.20

8.12

7.36

Cash flow from operations per share (USD)(2)

1.68

1.59

1.65

Dividend payout ratio (%)(4)

64%

65%

63%

Weighted-average number of shares outstanding (in millions)

2,288

2,297

2,293

ABB Ltd Annual General Meeting

The 2015 Annual General Meeting of ABB Ltd will be held at 10:00 a.m. on Thursday, April 30, 2015, at the Messe Zurich hall in Zurich-Oerlikon, Switzerland. The Annual General Meeting will be held principally in German and will be simultaneously translated into English and French. Shareholders entered in the share register, with the right to vote, by April 22, 2015, are entitled to participate in the Annual General Meeting.

Admission cards

Holders of registered shares of ABB Ltd will receive their admission cards on request using the reply form enclosed with the invitation. The reply form or a corresponding notification must reach the company no later than April 24, 2015. For technical reasons, notifications arriving after that date can no longer be taken into consideration. The full text of the invitation in accordance with Article 700 of the Swiss Code of Obligations will be published in the Schweizerisches Handelsamtsblatt around April 1, 2015.

For shareholders in Sweden an Information Meeting will be held in Västerås, Sweden, on May 04, 2015, at 4:30 p.m.

ABB shareholders’ calendar 2015

First-quarter 2015 results

April 29

ABB Ltd Annual General Meeting, Zurich

April 30

ABB Ltd Information Meeting, Västerås

May 04

Second-quarter 2015 results

July 23

Third-quarter 2015 results

October 21

The global ISIN code for the ABB share

CH 001 222 171 6

 

 

 

 

Ticker symbols for ABB Ltd

SIX Swiss Exchange

ABBN

 

NASDAQ OMX Stockholm

ABB

 

New York Stock Exchange (NYSE)

ABB

 

 

 

Ticker symbols for ABB Ltd at Bloomberg

SIX Swiss Exchange

ABBN VX

 

NASDAQ OMX Stockholm

ABB SS

 

New York Stock Exchange (NYSE)

ABB US

 

 

 

Ticker symbols for ABB Ltd at Reuters

SIX Swiss Exchange

ABBN.VX

 

NASDAQ OMX Stockholm

ABB.ST

 

New York Stock Exchange (NYSE)

ABB.N

Standard & Poor’s

Long-term corporate credit rating

A

 

Long-term senior unsecured debt

A

 

Short-term corporate credit rating

A–1

 

Outlook: Stable

 

 

 

 

Moody’s

Long-term senior unsecured rating

A2

 

Short-term debt rating

Prime-1

 

Outlook: Stable

 

These credit ratings are subject to revision at any time. ABB does not have any other agreements with internationally recognized statistical rating organizations to provide long-term and short-term credit ratings.

Bondholder information

Outstanding public bonds, as of February 28, 2015, are listed in the table below.

Bondholder Information

Issuer

Issued Principal Amount

Coupon

Due

ISIN

ABB Ltd

CHF 500 million

1.25%

10/11/2016

CH0139264961

ABB Ltd

CHF 350 million

1.50%

11/23/2018

CH0146696528

ABB Ltd

CHF 350 million

2.25%

10/11/2021

CH0139265000

ABB Finance (Australia) Pty Limited

AUD 400 million

4.25%

11/22/2017

AU3CB0202216

ABB Finance (USA) Inc.

USD 500 million

1.625%

05/08/2017

US00037BAA08

ABB Finance (USA) Inc.

USD 1,250 million

2.875%

05/08/2022

US00037BAB80

ABB Finance (USA) Inc.

USD 750 million

4.375%

08/08/2042

US00037BAC63

ABB Finance B.V.

EUR 1,250 million

2.625%

03/26/2019

XS0763122578

ABB Treasury Center (USA), Inc.

USD 600 million

2.50%

06/15/2016

144A: US00038AAA16
RegS: USU00292AA73

ABB Treasury Center (USA), Inc.

USD 650 million

4.00%

06/15/2021

144A: US00038AAB98
RegS: USU00292AB56

Thomas & Betts Corporation

USD 250 million

5.625%

11/15/2021

US884315AG74

Zurich
Price trend for ABB Ltd shares, Zurich (line chart)Price trend for ABB Ltd shares, Zurich (line chart)
Stockholm
Price trend for ABB Ltd shares, Stockholm (line chart)Price trend for ABB Ltd shares, Stockholm (line chart)
New York
Price trend for ABB Ltd shares, New York (line chart)Price trend for ABB Ltd shares, New York (line chart)

Source: Bloomberg