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IN BRIEF: Indivior to commence USD100 million share repurchase program

30th Jul 2021 12:28

Indivior PLC - Richmond, Virginia-based pharmaceutical firm - Says it will commence a share repurchase program of its shares for USD0.10 each, for up to a maximum consideration of USD100 million. Indivior contracts Morgan Stanley to carry out the share buyback programme during the period commencing on July 30 2021 and ending no later than December 30 2022. The maximum number of shares that may be repurchased under the program is around 73.5 million.

Current stock price: 160.30 pence

Year-to-date change: up 47%

By Amrit Sahota; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Indivior
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