The dividend is subject to approval by the shareholders at the Annual General Meeting on March 26, 2020.
Shareholders representing 454,336,569 shares are participating in ABB Ltd’s Dividend Access Facility (DAF), corresponding to 84 percent of ABB Ltd shares registered with Euroclear Sweden.
Shareholders participating in the DAF will be registered temporarily as shareholders without right to a dividend from ABB Ltd. These shareholders will instead receive their dividend from ABB Ltd’s Swedish subsidiary ABB Norden Holding AB. The participating shareholders will for each ABB Ltd share receive one ABB Ltd share without dividend rights (ABB Ltd U), and one dividend right from ABB Norden Holding AB separated from the share (SR1). The ordinary ABB Ltd shares will be re-registered on the shareholders’ accounts on April 2, 2020. Assuming that shareholders approve the dividend at ABB Ltd’s Annual General Meeting on March 26, 2020, for shareholders participating in the DAF, the dividend payment date is planned to be April 3, 2020.
The ABB Ltd U share will be traded, in parallel with the ABB Ltd share, on NASDAQ Stockholm, during the period March 23, 2020, through March 30, 2020. The ABB Ltd U share’s ISIN code is SE0013801313. Trading in dividend rights, SR1, will not be possible.
Further information is available on the ABB Sweden website at www.abb.se/aktie or under the following hotline number: +46 (0)8 518 01 555.
ABB (ABBN: SIX Swiss Ex) is a technology leader that is driving the digital transformation of industries. With a history of innovation spanning more than 130 years, ABB has four, customer-focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by the ABB Ability™ digital platform. ABB’s Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 144,000 employees.