Indivior Announces Accelerated $100M Share Repurchase Program, Targeting Completion Within Six Months
Author: Benzinga Newsdesk | July 25, 2024 02:13am
- Repurchases Under Current Program now Expected to be Completed by End of July
RICHMOND, Va., July 25, 2024 /PRNewswire/ -- Indivior PLC (Nasdaq/LSE: INDV) ("Indivior" or the "Company"), a leading addiction treatment company, today announced that its Board of Directors has approved a new share repurchase program under which the Company will commence repurchasing Indivior's ordinary shares of $0.50 each (the "Ordinary Shares") for up to a maximum consideration of $100 million (the "New Program"). The New Program will be carried out on an accelerated basis and is expected to be completed over the next six months, subject to compliance with applicable trading restrictions
Posted In: INDV
