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INDV Positive Sentiment Score: 70/100

INDIVIOR

Key Takeaway: Indivior PLC announced the purchase of 296,096 ordinary shares for cancellation under its $100 million Share Repurchase Program during the period from August 27 to August 30, 2024. Post-purchase, the company has 131,459,324 shares with voting rights in circulation. All transactions were conducted on the London Stock Exchange, promoting transparency in their share repurchase activities. More detailed information regarding the purchases is available on their investor relations webpage.

Market Sentiment Analysis

POSITIVE FACTORS

  • Indivior has successfully executed a significant share repurchase program.
  • The purchase of ordinary shares reflects confidence in the company's value.
  • Share repurchases can enhance shareholder value by reducing supply.

Full Press Release Details

SHARE REPURCHASE PROGRAM
INDIVIOR PLC ("Indivior") announces that it purchased for
cancellation a total of 296,096 of its ordinary shares of $0.50
each through Morgan Stanley & Co. International Plc in the
period from August 27, 2024, up to and including August 30, 2024,
in connection with its $100m Share Repurchase Program. Aggregated
information on the purchase of these shares can be found in the
Following the purchase and cancellation of the above shares
(including those purchased but not yet settled), Indivior has
131,459,324 ordinary shares of $0.50 each with voting rights in
issue. There are no shares held in treasury.
The above figure (131,459,324) may be used by shareholders (and
others with notification obligations) as the denominator for the
calculation by which they will determine if they are required to
notify their interest in, or a change to their interest in,
Indivior under the FCA's Disclosure Guidance and Transparency
All repurchases by Indivior are "On Exchange" transactions (as such
term is defined in the rules of the London Stock Exchange) and "on
market" for the purposes of the Companies Act 2006.
Aggregated information
Trading Date Trading Venue Aggregated daily volume (number of shares) Daily weighted average purchase price of the shares (p)
27/08/2024 LSE 33,001 937.90
27/08/2024 BATE 8,597 937.06
27/08/2024 CHIX 30,439 937.58
27/08/2024 AQUIS 2,766 937.91
28/08/2024 LSE 27,646 939.72
28/08/2024 BATE 12,591 939.84
28/08/2024 CHIX 29,195 940.17
28/08/2024 AQUIS 3,758 938.93
29/08/2024 LSE 31,906 937.91
29/08/2024 BATE 9,791 938.27
29/08/2024 CHIX 28,801 938.98
29/08/2024 AQUIS 2,940 936.54
30/08/2024 LSE 36,423 939.58
30/08/2024 BATE 8,294 937.86
30/08/2024 CHIX 27,685 938.16
30/08/2024 AQUIS 2,263 939.63
In accordance with Article 5(1)(b) of the assimilated Market Abuse
Regulation (EU) No 596/2014, as it forms part of Retained EU Law as
defined in the European Union (Withdrawal) Act 2018 and Commission
Delegated Regulation (EU) 2016/1052, a full breakdown of the
individual purchases of ordinary shares made by Morgan Stanley
& Co. International Plc on behalf of Indivior during the above
period as part of the Share Repurchase Program can be found
Indivior PLC's Legal Entity Identifier code is
213800V3NCQTY7IED471.
Vice President, Investor Relations

Frequently Asked Questions

What is the total number of shares repurchased by Indivior?

Indivior repurchased a total of 296,096 ordinary shares.

When did the share repurchase take place?

The repurchase occurred from August 27 to August 30, 2024.

How many shares are outstanding after the repurchase?

After the repurchase, there are 131,459,324 shares outstanding.

Who conducted the repurchase transactions for Indivior?

Morgan Stanley & Co. International Plc handled the repurchase.

What is the purpose of the shares repurchased?

The shares were purchased for cancellation as part of a $100m program.

Last updated: Sep 3, 2024