Indivior (GB:INDV) has released an update.
Indivior PLC successfully carried out a share repurchase on June 24, 2024, buying back 23,096 of its own shares, with the prices ranging between 1,287.00 and 1,323.00, averaging at 1,300.12 per share. The pharmaceutical company, known for its products in addiction treatment, intends to cancel these shares, which will slightly reduce the total number of shares with voting rights, now standing at 134,078,707. This strategic move is part of Indivior’s efforts to manage its capital and could potentially signal confidence to its investors.
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