Indivior Buys Back 1M Shares for $10M
Ticker: INDV · Form: 6-K · Filed: Jan 14, 2025 · CIK: 1625297
Sentiment: neutral
Topics: share-buyback, transaction-in-own-shares
TL;DR
Indivior just bought back 1M shares for $10M, signaling confidence.
AI Summary
Indivior PLC announced on January 14, 2025, that it has purchased 1,000,000 of its own ordinary shares at an average price of approximately $10.00 per share. The total cost of these transactions was approximately $10 million. These shares were purchased 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 contain significant new risks.
Key Numbers
- 1,000,000 — Shares Repurchased (Indicates the scale of the buyback program.)
- $10 million — Total Cost (Represents the capital deployed for share repurchases.)
Key Players & Entities
- Indivior PLC (company) — Registrant
- January 14, 2025 (date) — Announcement date
- 1,000,000 (share_count) — Number of shares purchased
- $10.00 (dollar_amount) — Average price per share
- $10 million (dollar_amount) — Total cost of buyback
- 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 ordinary shares.
On what date was the announcement of the transaction in own shares made?
The announcement was made on January 14, 2025.
What was the approximate average price per share for the buyback?
The average price per share was approximately $10.00.
Where did Indivior PLC conduct these share repurchases?
The shares were purchased on the London Stock Exchange.
What is the total approximate cost of the share repurchase program announced?
The total approximate cost of the share repurchase program is $10 million.
Filing Stats: 208 words · 1 min read · ~1 pages · Grade level 13.9 · Accepted 2025-01-14 10:01:56
Filing Documents
- a1403t.htm (6-K) — 16KB
- a1403t2.htm (EX-99) — 48KB
- 0001654954-25-000321.txt ( ) — 64KB
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: January 14, 2025 /s/ Kathryn Hudson   Name: Kathryn Hudson   Title: Company Secretary