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Written by / Agency / Source: ABB Robotics / ABB Ltd

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Participation in Dividend Access Facility 2011 Reported - The dividend is subject to approval by the shareholders at the Annual General Meeting on April 29
Participation in Dividend Access Facility 2011 Reported

 

NewswireToday - /newswire/ - Zurich, Switzerland, 2011/04/26 - The dividend is subject to approval by the shareholders at the Annual General Meeting on April 29. NYSE: ABB

   
 
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Shareholders representing 297,405, 123 shares are participating in ABB Ltd’s Dividend Access Facility (DAF), corresponding to 54% of ABB Ltd shares registered with Euroclear Sweden.

Shareholders participating in the DAF will temporarily be registered as shareholders without rights to the ABB Ltd dividend. 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 separated from the share (SR1). The ordinary ABB Ltd shares will be re-registered on the shareholders’ VP accounts on May 9, 2011. Assuming that shareholders approve the dividend at ABB’s annual general meeting on April 29, for shareholders participating in the DAF, the dividend payment date is planned to be May 10, 2011.

The ABB Ltd U share will be traded, in parallel with the ABB Ltd share, on the NASDAQ OMX Stockholm, during the period April 26, 2011 through May 3, 2011. The ABB Ltd U share’s ISIN code is SE0000625568. Trading in dividend rights, SR1, will not be possible.

ABB (abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 124,000 people.

 
 
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Written by / Agency / Source: ABB Robotics / ABB Ltd

 
 

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Participation in Dividend Access Facility 2011 Reported

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Publisher Contact: Thomas Schmidt - ABB.com 
+41 43 317 6568 media.relations[.]ch.abb.com
 
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