Indivior announces restructuring charges of up to $50 million as part of cost-cutting plan

Indivior PLC (NASDAQ:INDV) announced Tuesday it will incur pre-tax restructuring charges estimated between $39 million and $50 million as part of a company-wide initiative to streamline operations. The company expects these charges, which include both cash and non-cash components, to be recognized in the third and fourth quarters of 2025, according to a statement released in a Securities and Exchange Commission filing.

The restructuring is part of the first phase of Indivior’s multi-year operational plan, known as the Indivior Action Agenda, which began in the second quarter of 2025. The plan aims to simplify the organization by eliminating non-essential activities and increasing operational transparency and accountability.

The company outlined several components of the restructuring:

• Headcount reductions are expected to result in pre-tax employee severance and related exit charges of approximately $16 million to $19 million, with most costs recognized in the third quarter of 2025.
• Real estate consolidations will lead to pre-tax cash and non-cash asset charges of about $15 million to $22 million in the third quarter, due to the consolidation and exit of certain properties. These charges include write-downs of leasehold improvements, fixed assets, and accelerated restoration costs for leased properties.
• Consulting, legal, and tax planning expenses related to the restructuring are anticipated to total $8 million to $9 million in the third quarter.

The company stated that approximately $27 million to $35 million of the total restructuring charges will be in cash. Indivior also noted that these estimates are subject to change and actual expenses may differ.

Additionally, Indivior is evaluating strategic alternatives for its OPVEE® product and its non-U.S. business, which could lead to further one-time costs and potential expense savings if divestitures or restructurings occur.

Indivior indicated it will exclude these restructuring charges from its non-GAAP financial measures, consistent with its reporting practices.

All information is based on a statement released in an SEC filing.

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