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INDV Positive Sentiment Score: 80/100

INDIVIOR

Key Takeaway: Indivior PLC announced a share repurchase program where it repurchased 745,703 ordinary shares for cancellation at a total cost of $100 million. The purchases were executed from October 28 to November 1, 2024, through Morgan Stanley & Co. The total number of ordinary shares outstanding after the repurchase stands at 127,137,848. This initiative aims to enhance shareholder value through strategic capital management.

Market Sentiment Analysis

POSITIVE FACTORS

  • Indivior executed a significant share repurchase program worth $100 million.
  • A total of 745,703 ordinary shares were repurchased, indicating a commitment to shareholder value.
  • The transactions took place through a reputable brokerage, Morgan Stanley & Co.
  • No shares are held in treasury, reaffirming a clear capital management strategy.

Full Press Release Details

SHARE REPURCHASE PROGRAM
INDIVIOR PLC ("Indivior") announces that it purchased for
cancellation a total of 745,703 of its ordinary shares of $0.50
each through Morgan Stanley & Co. International Plc in the
period from October 28, 2024, up to and including November 1, 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
127,137,848 ordinary shares of $0.50 each with voting rights in
issue. There are no shares held in treasury.
The above figure (127,137,848) 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)
28/10/2024 LSE 102,231 695.20
28/10/2024 BATE 12,195 694.99
28/10/2024 CHIX 50,508 695.39
28/10/2024 AQUIS 2,612 697.11
29/10/2024 LSE 86,326 699.12
29/10/2024 BATE 26,239 699.90
29/10/2024 CHIX 51,234 701.02
29/10/2024 AQUIS 5,688 695.49
30/10/2024 LSE 82,039 710.51
30/10/2024 BATE 27,465 711.09
30/10/2024 CHIX 52,927 712.17
30/10/2024 AQUIS 4,640 710.10
31/10/2024 LSE 80,706 692.74
31/10/2024 BATE 22,887 690.69
31/10/2024 CHIX 48,388 690.21
31/10/2024 AQUIS 8,446 688.61
01/11/2024 LSE 40,503 703.26
01/11/2024 BATE 8,495 704.76
01/11/2024 CHIX 26,506 702.91
01/11/2024 AQUIS 5,668 700.72
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

How many shares did Indivior purchase for cancellation?

Indivior purchased a total of 745,703 ordinary shares for cancellation.

What dates did the share repurchase occur?

The share repurchase took place from October 28 to November 1, 2024.

How many shares remain with voting rights after repurchase?

After cancellation, Indivior has 127,137,848 ordinary shares with voting rights.

Who conducted the share repurchase for Indivior?

Morgan Stanley & Co. International Plc handled the share repurchase.

Where can I find details about the share purchases?

Details about the share purchases can be found at Indivior's investor relations website.

Last updated: Nov 5, 2024