Syncona Shs GBP (GB:SYNC) has released an update.
Syncona Limited, a prominent life science investment company, announced the acquisition of 130,000 of its own ordinary shares at a uniform price of 109.7002 GBp per share, as part of its ongoing share buyback programme initiated in September 2023. Following this transaction, Syncona’s total issued share capital stands at 671,806,666, with 25,916,080 shares held in treasury, thereby reducing the total voting rights to 645,890,586. The repurchased shares will be held in treasury, effectively decreasing the number of shares with voting rights and potentially signalling confidence in the company’s value.
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