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Syncona Executes Share Buyback as Part of Strategic Program
Company Announcements

Syncona Executes Share Buyback as Part of Strategic Program

Story Highlights
  • Syncona is a leading life science investor focused on creating sustainable life science companies.
  • Syncona purchased 140,000 shares to optimize shareholder value, reducing voting rights to 627,423,994.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Syncona Shs GBP ( (GB:SYNC) ) has provided an update.

Syncona Limited has executed a share buyback, purchasing 140,000 of its ordinary shares at a consistent price of 100.5219 GBp per share. The repurchased shares will be held in treasury, reducing the total voting rights to 627,423,994. This transaction is part of Syncona’s broader share buyback program, reflecting its strategic focus on optimizing shareholder value and maintaining a strong balance sheet.

More about Syncona Shs GBP

Syncona is a leading life science investor dedicated to creating, building, and scaling a diversified portfolio of globally leading life science businesses. The company focuses on developing transformational treatments in areas of high unmet need by partnering with world-class academic founders and experienced management teams. Syncona aims to build sustainable life science companies and deliver strong risk-adjusted returns to shareholders.

YTD Price Performance: -17.67%

Average Trading Volume: 784,373

Technical Sentiment Consensus Rating: Buy

Learn more about SYNC stock on TipRanks’ Stock Analysis page.

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