Indivior Buys Back $10M in Shares
Ticker: INDV · Form: 6-K · Filed: Oct 22, 2024 · CIK: 1625297
| Field | Detail |
|---|---|
| Company | Indivior PLC (INDV) |
| Form Type | 6-K |
| Filed Date | Oct 22, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, insider-transaction
TL;DR
Indivior just bought back $10M of its own stock. Bullish signal?
AI Summary
Indivior PLC announced on October 22, 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. This transaction was conducted on the London Stock Exchange and is part of the company's share repurchase 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.
Key Numbers
- 1,000,000 — Shares Repurchased (Part of Indivior's ongoing share repurchase program.)
- $10 million — Total Buyback Value (Represents the aggregate cost of the shares purchased.)
Key Players & Entities
- Indivior PLC (company) — Issuer of the announcement
- October 22, 2024 (date) — Date of the announcement
- 1,000,000 (dollar_amount) — Number of shares repurchased
- $10.00 (dollar_amount) — Average price per share
- $10 million (dollar_amount) — Total value of shares repurchased
- London Stock Exchange (company) — Exchange where shares were repurchased
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 this transaction in own shares announced?
The announcement was made on October 22, 2024.
What was the approximate average price per share for the buyback?
The shares were purchased at an average price of approximately $10.00 per share.
Where did the 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 $10 million.
Filing Stats: 213 words · 1 min read · ~1 pages · Grade level 14.1 · Accepted 2024-10-22 09:36:35
Filing Documents
- a0244j-1.htm (6-K) — 16KB
- a2444j.htm (EX-99) — 35KB
- 0001654954-24-013188.txt ( ) — 52KB
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: October 22, 2024 /s/ Kathryn Hudson   Name: Kathryn Hudson   Title: Company Secretary