Indivior PLC Buys Back Shares
Ticker: INDV · Form: 6-K · Filed: Aug 27, 2024 · CIK: 1625297
| Field | Detail |
|---|---|
| Company | Indivior PLC (INDV) |
| Form Type | 6-K |
| Filed Date | Aug 27, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, stock-repurchase, transaction-in-own-shares
TL;DR
Indivior bought back 1M shares for $10.6M on LSE.
AI Summary
On August 27, 2024, Indivior PLC announced a transaction in its own shares. The company purchased 1,000,000 ordinary shares at an average price of $10.60 per share, totaling approximately $10.6 million. This transaction was executed on the London Stock Exchange.
Why It Matters
Share buybacks 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 announcement of share repurchases and does not contain significant new risks.
Key Numbers
- 1,000,000 — Shares Purchased (Represents a significant portion of the company's outstanding shares being repurchased.)
- $10.6 million — Total Buyback Value (Indicates the capital deployed by the company for share repurchases.)
Key Players & Entities
- Indivior PLC (company) — Issuer of the announcement
- 1,000,000 (dollar_amount) — Number of ordinary shares purchased
- $10.60 (dollar_amount) — Average price per share
- $10.6 million (dollar_amount) — Total value of shares purchased
- August 27, 2024 (date) — Date of the announcement and transaction
- London Stock Exchange (company) — Exchange where the transaction occurred
FAQ
What was the total number of ordinary shares purchased by Indivior PLC?
Indivior PLC purchased 1,000,000 ordinary shares.
What was the average price paid per share?
The average price paid per share was $10.60.
On what date did this transaction in own shares occur?
The transaction occurred on August 27, 2024.
Where was the transaction in own shares executed?
The transaction was executed on the London Stock Exchange.
What is the total approximate value of the shares purchased?
The total approximate value of the shares purchased is $10.6 million.
Filing Stats: 210 words · 1 min read · ~1 pages · Grade level 13.9 · Accepted 2024-08-27 09:17:18
Filing Documents
- cover.htm (6-K) — 16KB
- a6948bannct.htm (EX-99) — 49KB
- 0001654954-24-011123.txt ( ) — 65KB
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: August 27, 2024 /s/ Kathryn Hudson   Name: Kathryn Hudson   Title: Company Secretary