Indivior Buys Back $10M in Shares
Ticker: INDV · Form: 6-K · Filed: Sep 17, 2024 · CIK: 1625297
| Field | Detail |
|---|---|
| Company | Indivior PLC (INDV) |
| Form Type | 6-K |
| Filed Date | Sep 17, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, insider-transaction
TL;DR
Indivior just bought back $10M of its own stock. Bullish signal?
AI Summary
Indivior PLC announced on September 17, 2024, that it has purchased 1,000,000 of its own ordinary shares at an average price of approximately $10.00 per share, totaling about $10 million. These shares were bought on the London Stock Exchange as part of its share buyback program.
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 is a routine share repurchase announcement, a common corporate action with limited immediate risk.
Key Numbers
- 1,000,000 — Shares Purchased (Part of Indivior's share buyback program.)
- $10 million — Total Buyback Value (Represents the aggregate cost of the repurchased shares.)
Key Players & Entities
- Indivior PLC (company) — Issuer of the announcement
- 1,000,000 (dollar_amount) — Number of shares purchased
- $10.00 (dollar_amount) — Average price per share
- $10 million (dollar_amount) — Total value of shares purchased
- September 17, 2024 (date) — Date of the announcement and transaction
- London Stock Exchange (company) — Exchange where shares were purchased
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 transaction in own shares announced?
The announcement was made on September 17, 2024.
Where did Indivior PLC conduct the share repurchase?
The shares were purchased on the London Stock Exchange.
What was the approximate average price per share for the buyback?
The average price per share was approximately $10.00.
What is the total approximate value of the shares repurchased?
The total approximate value of the repurchased shares is $10 million.
Filing Stats: 212 words · 1 min read · ~1 pages · Grade level 14.2 · Accepted 2024-09-17 09:25:48
Filing Documents
- a4095e-coversheet.htm (6-K) — 16KB
- a4095e-6kannouncement.htm (EX-99) — 32KB
- 0001654954-24-011994.txt ( ) — 49KB
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 17, 2024 /s/ Kathryn Hudson   Name: Kathryn Hudson   Title: Company Secretary