Monitor shareholder votes at both Indivior and Supernus for the merger, the special dividend creates a strong incentive for Indivior holders to approve the stock issuance. Any delay or failure to close would cancel the dividend, removing a key near-term catalyst.
Price Chart
Executive Summary
Indivior declared an $8.13 per share special cash dividend contingent on closing its pending merger with Supernus. The dividend is payable only if the merger closes (expected ~Nov 2, 2026) and will be funded with additional indebtedness. This is a deal-progression filing with no changes to merger terms.
Key Financial Metrics
Key Facts
- Special cash dividend of $8.13 per share declared on September 16, 2026
- Dividend is contingent upon closing of the Supernus merger
- Record date: October 30, 2026; payment expected ~November 6, 2026 if merger closes
- Merger expected to close on or about November 2, 2026, subject to stockholder approvals and conditions
- At least a majority of the dividend is expected to exceed Indivior's current and accumulated earnings and profits, treated as return of capital then capital gain
- Supernus stockholders will not receive the special dividend on Indivior shares received in the merger
Financial Impact
$8.13 per share special dividend, contingent on merger close; funded by additional indebtedness
Risk Factors
- Merger may not close, dividend cancelled if deal fails
- Additional indebtedness to fund dividend increases combined company leverage
- Stockholder approval required at both companies; failure would terminate dividend and merger
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 425 Filing (Primary) | 0001104659-26-108418 |
| Document: tm2623753d8_ex99-1.htm | 0001104659-26-108418 |
| Document: 0001104659-26-108418-index-headers.html | 0001104659-26-108418 |
| Document: 0001104659-26-108418-index.html | 0001104659-26-108418 |
| Document: 0001104659-26-108418.txt | 0001104659-26-108418 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 1d ago | 425 | $35.25 | awaiting T+5 | awaiting T+5 | $35.25 (0.00%) |
Oct 29, 2026 1d ago | 8-K | No price | awaiting T+5 | awaiting T+5 | No price |
Oct 29, 2026 1d ago | Press Release | $35.25 | awaiting T+5 | awaiting T+5 | $35.25 (0.00%) |
Oct 20, 2026 10d ago | Institutional Cluster | $34.79 $34.72 | ▼ −0.20% | ▲ +0.24% | $35.25 (+1.32%) |
Oct 19, 2026 11d ago | Press Release | $33.87 | awaiting T+5 | awaiting T+5 | $35.25 (+4.07%) |
Oct 6, 2026 24d ago | 425 | $35.90 $35.42 | ▼ −1.34% | ▼ −1.20% | $35.25 (−1.81%) |
Oct 6, 2026 24d ago | 8-K | $35.90 $35.42 | ▼ −1.34% | ▼ −1.20% | $35.25 (−1.81%) |
Sep 30, 2026 4w ago | SC 13G | $35.38 $35.45 | ▲ +0.20% | ▼ −1.10% | $35.25 (−0.37%) |
Sep 17, 2026 6w ago | 425 | $35.69 $36.00 | ▲ +0.87% | ▲ +0.27% | $35.25 (−1.23%) |
Sep 17, 2026 6w ago | 8-K | $35.69 $36.00 | ▲ +0.87% | ▲ +0.27% | $35.25 (−1.23%) |
US Market Status
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