Indivior Buys Back Shares
Ticker: INDV · Form: 6-K · Filed: Sep 10, 2024 · CIK: 1625297
| Field | Detail |
|---|---|
| Company | Indivior PLC (INDV) |
| Form Type | 6-K |
| Filed Date | Sep 10, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: share-buyback, insider-transaction
TL;DR
Indivior just bought back 1M shares for ~$1.97M. Bullish signal?
AI Summary
Indivior PLC announced on September 10, 2024, that it has purchased 1,000,000 of its own ordinary shares at an average price of approximately $1.97 per share, totaling about $1.97 million. This transaction was conducted 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 indicate significant new risks.
Key Numbers
- 1,000,000 — Shares Repurchased (Indicates the scale of the buyback program.)
- $1.97 million — Total Buyback Value (Represents the capital deployed by Indivior for share repurchases.)
Key Players & Entities
- Indivior PLC (company) — Filer of the report
- 1,000,000 (dollar_amount) — Number of shares repurchased
- $1.97 (dollar_amount) — Average price per share
- $1.97 million (dollar_amount) — Total value of shares repurchased
- September 10, 2024 (date) — Date of the announcement and transaction
- London Stock Exchange (company) — Venue for the share repurchase
FAQ
What was the total number of ordinary shares purchased by Indivior PLC?
Indivior PLC purchased 1,000,000 ordinary shares.
On what date did the transaction in own shares occur?
The transaction occurred on September 10, 2024.
What was the average price per share for the repurchased shares?
The average price per share was approximately $1.97.
Where did the share repurchase transaction take place?
The transaction was conducted on the London Stock Exchange.
What is the total approximate value of the shares repurchased?
The total approximate value of the shares repurchased is $1.97 million.
Filing Stats: 212 words · 1 min read · ~1 pages · Grade level 14 · Accepted 2024-09-10 10:27:47
Filing Documents
- a5004d.htm (6-K) — 16KB
- indiviorplc.htm (EX-99) — 46KB
- 0001654954-24-011674.txt ( ) — 63KB
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: September 10, 2024 /s/ Kathryn Hudson   Name: Kathryn Hudson   Title: Company Secretary