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Syncona Executes Share Buyback to Optimize Capital Structure
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Syncona Executes Share Buyback to Optimize Capital Structure

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Syncona Shs GBP ( (GB:SYNC) ) has issued an announcement.

Syncona Limited announced the repurchase of 150,000 of its ordinary shares as part of its share buyback programme. The shares were bought at a price of 103.20 GBp each and will be held in treasury, affecting the company’s total voting rights, which now stand at 627,853,994. This action aligns with Syncona’s strategy to manage their capital structure effectively while ensuring strong risk-adjusted returns to shareholders.

More about Syncona Shs GBP

Syncona Limited is a leading life science investor focused on creating and building a portfolio of global leaders in the life sciences sector. The company aims to deliver transformational treatments to patients in areas of high unmet need, maintaining a diversified portfolio of life science businesses across various development stages, modalities, and therapeutic areas. Syncona collaborates closely with academic founders and experienced management teams to enhance human life and aims for long-term sustainable returns for its stakeholders.

YTD Price Performance: -16.69%

Average Trading Volume: 780,459

Technical Sentiment Consensus Rating: Buy

For a thorough assessment of SYNC stock, go to TipRanks’ Stock Analysis page.

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