Syncona Shs GBP (GB:SYNC) has released an update.
Syncona Limited, a prominent life science investment firm, has announced the acquisition of 130,000 of its own ordinary shares at a volume-weighted average price of 125.1022 GBp as part of its share buyback program initiated on 29 September 2023. The repurchased shares will be held in treasury, reducing the company’s total voting rights to 644,106,897. This strategic move is part of Syncona’s ongoing efforts to manage its capital structure and deliver value to shareholders.
For further insights into GB:SYNC stock, check out TipRanks’ Stock Analysis page.