Indivior Pharmaceuticals said May 4 it entered into a $175 million accelerated share repurchase agreement with Barclays Bank PLC, moving to return capital through its existing $400 million buyback authorization.
Under the deal, Indivior will pay $175 million upfront and expects to receive an initial 3,717,473 shares shortly after execution. The final share count will be set after the repurchase period ends, based on the volume-weighted average price of the stock during the term, less a discount. Final settlement is expected by the end of June 2026.
The company said the accelerated repurchase leaves $225 million of the original $400 million authorization still available. Of that balance, $100 million remains earmarked for additional repurchases. Indivior said the new buyback is not expected to affect its previously issued financial guidance. Today the company's shares have moved 0.21% to a price of $33.23. For the full picture, make sure to review Indivior Pharmaceuticals's 8-K report.
