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Indivior Advances Shareholder Value with Share Repurchase
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Indivior Advances Shareholder Value with Share Repurchase

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Indivior ( (GB:INDV) ) just unveiled an update.

Indivior PLC announced the purchase and cancellation of 92,950 of its ordinary shares as part of its $100 million Share Repurchase Program. This move reduces the total number of shares in circulation, potentially increasing the value of remaining shares, and indicates the company’s strategy to enhance shareholder value.

More about Indivior

Indivior PLC operates in the pharmaceutical industry, focusing primarily on the development and distribution of treatment options for addiction and related mental health disorders.

YTD Price Performance: -15.99%

Average Trading Volume: 448,055

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.25B

For an in-depth examination of INDV stock, go to TipRanks’ Stock Analysis page.

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