Syncona Shs GBP ( (GB:SYNC) ) has shared an update.
Syncona Limited has executed a share buyback program, purchasing 150,000 of its ordinary shares at a price of 93.1156 GBp each. These shares will be held in treasury, reducing the total voting rights in the company to 617,495,995. This move is part of Syncona’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and maintaining its position as a leader in the life sciences investment sector.
More about Syncona Shs GBP
Syncona Limited is a prominent life science investor dedicated to creating, building, and scaling a portfolio of global leaders in life sciences. The company focuses on developing transformational treatments for patients in areas with high unmet needs by partnering with academic founders and experienced management teams. Syncona aims to maintain a diversified portfolio of 20-25 life science businesses, focusing on delivering patient impact and strong risk-adjusted returns to shareholders.
YTD Price Performance: -10.98%
Average Trading Volume: 763,697
Technical Sentiment Consensus Rating: Buy
For detailed information about SYNC stock, go to TipRanks’ Stock Analysis page.