Indivior Buys Back $10M in Shares
Ticker: INDV · Form: 6-K · Filed: Dec 26, 2024 · CIK: 1625297
Sentiment: neutral
Topics: share-buyback, insider-transaction
TL;DR
Indivior just bought back $10M of its own stock on the LSE.
AI Summary
Indivior PLC announced on December 24, 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.
Key Numbers
- 1,000,000 — Shares Repurchased (Part of ongoing share buyback program)
- $10 million — Total Buyback Value (Represents the aggregate cost of shares purchased)
Key Players & Entities
- Indivior PLC (company) — Registrant
- 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
- December 24, 2024 (date) — Announcement date
- London Stock Exchange (company) — Exchange where shares were traded
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 December 24, 2024.
Where did Indivior PLC conduct these share repurchases?
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 Indivior PLC bought back?
The total approximate value of the shares bought back is $10 million.
Filing Stats: 208 words · 1 min read · ~1 pages · Grade level 13.9 · Accepted 2024-12-26 10:53:13
Filing Documents
- a1735r.htm (6-K) — 15KB
- a1753r2.htm (EX-99) — 47KB
- 0001654954-24-015889.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: December 24, 2024 /s/ Kathryn Hudson   Name: Kathryn Hudson   Title: Company Secretary