Indivior Buys Back $10M in Shares
Ticker: INDV · Form: 6-K · Filed: Nov 26, 2024 · CIK: 1625297
Sentiment: bullish
Topics: share-buyback, insider-transaction
TL;DR
Indivior just bought back 1M shares for ~$10M, signaling confidence.
AI Summary
Indivior PLC announced on November 26, 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 acquired on the London Stock Exchange as part of its share buyback program.
Why It Matters
This share repurchase indicates Indivior's confidence in its valuation and can potentially increase earnings per share for remaining shareholders.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share repurchases, which is a common corporate action.
Key Numbers
- 1,000,000 — Shares Repurchased (Part of Indivior's ongoing share buyback program.)
- $10 million — Total Buyback Value (Represents the approximate total cost of the share repurchase.)
Key Players & Entities
- Indivior PLC (company) — Registrant
- 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
- November 26, 2024 (date) — Date of announcement
- London Stock Exchange (company) — Exchange where shares were traded
FAQ
What was the total number of Indivior PLC ordinary shares purchased?
Indivior PLC purchased 1,000,000 of its ordinary shares.
On what date was the announcement of the transaction in own shares made?
The announcement was made on November 26, 2024.
Where were the shares purchased?
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 shares repurchased is $10 million.
Filing Stats: 213 words · 1 min read · ~1 pages · Grade level 14.2 · Accepted 2024-11-26 08:27:47
Filing Documents
- a5691n-1.htm (6-K) — 16KB
- a5691n.htm (EX-99) — 52KB
- 0001654954-24-014894.txt ( ) — 68KB
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: November 26, 2024 /s/ Kathryn Hudson   Name: Kathryn Hudson   Title: Company Secretary