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PRESS-RELEASE ·Filed Sep 17, 2026

INDV

Indivior Pharmaceuticals Inc.
NEUTRAL
Impact 4/10
Horizonweeks Processed1mo ago WireGlobeNewswire
Press release · M&A
Actionable Insight • Neutral

The special dividend is a deal-contingent event — monitor stockholder votes and regulatory approvals for the merger. If the merger closes, the dividend provides a near-term cash return; if it fails, the dividend is canceled. No standalone operational catalyst.

DirectionNeutral
Confidencehigh
Horizonweeks
Latest settled — T+20d ⚠ clustered
INDV ▼ -5.80% at T+20d
NEUTRAL call -5.80% · α vs SPY -7.00% · entry $35.69 → $33.62
Next anchor: T+60d in 6w
Latest observation: T+26 +1.38% FF3 residual α
Entry = T+0 close
Sep 17, 2026
via day close
T+1d
-2.27%
call -2.27% · α -2.15%
$34.88
settled 6w ago
T+5d
+0.87%
call +0.87% · α +0.27%
$36.00
settled 5w ago
T+20d
-5.80%
call -5.80% · α -7.00%
$33.62
settled 12d ago
T+60d
Pending
in 6w

Price Chart

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Executive Summary

Indivior declared a special cash dividend of $8.13 per share, contingent on the closing of its previously announced merger with Supernus Pharmaceuticals. The merger is expected to close around November 2, 2026, subject to stockholder approvals and other conditions. This dividend is a deal-contingent capital return event, not a standalone financial signal.

Key Facts

  • Special dividend of $8.13 per share declared, contingent on merger closing.
  • Merger with Supernus Pharmaceuticals expected to close on or about November 2, 2026.
  • Dividend payable to holders of record as of October 30, 2026, and to holders of certain equity awards.
  • Dividend will not be paid if merger does not close.
  • Supernus stockholders will not receive the special dividend on shares received as merger consideration.

Financial Impact

Special dividend of $8.13 per share; total payout depends on shares outstanding at record date. Merger value not restated in this press release.

dividendmerger consideration

Risk Factors

  • Merger may not close due to failure to obtain stockholder or regulatory approvals.
  • Dividend is contingent on merger closing — no payment if deal fails.
  • Market price of INDV may fluctuate on merger-related news and timeline uncertainty.

Investment Themes

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3363844
26 reports for INDV
Performance horizon
100% Hit rate @ T+60 3 of 3 directional calls Went positive at some point 8 of 8 best @ T+60▲ +21.73%Apr 24, 2026
Filters
Rows
Reports for INDV — sortable, filterable
TypeNow
Oct 20, 2026
6d ago
Institutional Cluster
BULLISH ★ 4/10
$34.79awaiting T+60—$34.47 (−0.92%)
Oct 19, 2026
7d ago
Press Release
NEUTRAL ★ 1/10
$33.87awaiting T+60—$34.47 (+1.77%)
Oct 6, 2026
20d ago
425
NEUTRAL ★ 4/10
$35.90awaiting T+60—$34.47 (−3.98%)
Oct 6, 2026
20d ago
8-K
NEUTRAL ★ 3/10
$35.90awaiting T+60—$34.47 (−3.98%)
Sep 30, 2026
26d ago
SC 13G
NEUTRAL ★ 4/10
$35.38awaiting T+60—$34.47 (−2.57%)
Sep 17, 2026
5w ago
425
NEUTRAL ★ 4/10
$35.69awaiting T+60—$34.47 (−3.42%)
Sep 17, 2026
5w ago
8-K
NEUTRAL ★ 4/10
$35.69awaiting T+60—$34.47 (−3.42%)
Sep 17, 2026
5w ago
Press Release
NEUTRAL ★ 4/10
$35.69awaiting T+60—$34.47 (−3.42%)
Sep 14, 2026
6w ago
EFFECT
NEUTRAL ★ 4/10
$34.47awaiting T+60—$34.47 (+0.00%)
Aug 28, 2026
8w ago
S-4
NEUTRAL ★ 6/10
$34.93awaiting T+60—$34.47 (−1.32%)
Showing 10 of 26

US Market Status

Market Closed — Opens Wed (12h 43m)

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Report published Sep 17, 2026