Why is ABB investing $170 million in the US?

ABB Ltd (NYSE: ABB) is investing approximately $170 million in the U.S., reflecting increased customer demand for electrification and automation products. The U.S. is ABB's largest market, comprising 24% of the company's annual revenue.

What is ABB India's pre-tax profit?

ABB India, a unit of ABB Ltd, reported pre-tax profit, before exceptional items, of 3.28 billion rupees ($40.12 million) for the three months ended March 31, up from 1.98 billion rupees a year ago.

Does ABB have a share buyback program?

ABB is set to launch a new share buyback program of up to $1 billion, following the completion of the previous one, under which the company bought back 67.5 million shares for approximately $2 billion.