Indivior Buys Back Shares
Ticker: INDV · Form: 6-K · Filed: Jul 23, 2024 · CIK: 1625297
| Field | Detail |
|---|---|
| Company | Indivior PLC (INDV) |
| Form Type | 6-K |
| Filed Date | Jul 23, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, stock-repurchase
TL;DR
Indivior just bought back 1M shares for ~$2.2M. Buyback continues.
AI Summary
Indivior PLC announced on July 23, 2024, that it purchased 1,000,000 of its own ordinary shares at an average price of approximately $2.20 per share, totaling about $2.2 million. These shares were bought on the London Stock Exchange as part of its share buyback program.
Why It Matters
The company is repurchasing its own stock, which can signal management's confidence in the company's valuation and potentially increase earnings per share.
Risk Assessment
Risk Level: low — This filing is a routine update on share repurchases and does not contain significant new risks.
Key Numbers
- 1,000,000 — Shares Repurchased (Indicates the scale of the buyback activity.)
- $2.2 million — Total Buyback Value (Represents the capital deployed for share repurchases.)
Key Players & Entities
- Indivior PLC (company) — The company making the share repurchase.
- 1,000,000 (dollar_amount) — Number of ordinary shares purchased.
- $2.20 (dollar_amount) — Average price per share.
- $2.2 million (dollar_amount) — Total value of shares purchased.
- July 23, 2024 (date) — Date of the announcement and share purchase.
- London Stock Exchange (company) — The exchange where the shares were traded.
FAQ
What was the total number of ordinary shares purchased by Indivior PLC?
Indivior PLC purchased 1,000,000 of its ordinary shares.
On what date was the share repurchase announced?
The announcement was made on July 23, 2024.
Where were the shares purchased?
The shares were purchased on the London Stock Exchange.
What was the approximate average price per share paid?
The average price per share was approximately $2.20.
What is the total approximate value of the shares repurchased?
The total approximate value of the shares repurchased is $2.2 million.
Filing Stats: 212 words · 1 min read · ~1 pages · Grade level 14 · Accepted 2024-07-23 08:48:48
Filing Documents
- indiviorplc6k.htm (6-K) — 16KB
- exhibit991.htm (EX-99) — 49KB
- 0001654954-24-009278.txt ( ) — 66KB
SIGNATURES
SIGNATURES         Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.           Indivior PLC   Date: July 23, 2024 /s/ Kathryn Hudson   Name: Kathryn Hudson   Title: Company Secretary