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Syncona Shs GBP ( (GB:SYNC) ) just unveiled an update.
Syncona Limited announced the purchase of 189,000 of its own ordinary shares at a price of 99.5238 GBp per share as part of its ongoing share buyback program. The repurchased shares will be held in treasury, adjusting the total voting rights in the company to 623,905,839. This action aligns with Syncona’s strategy to maintain a robust balance sheet while delivering long-term shareholder value.
More about Syncona Shs GBP
Syncona is a leading life science investor focused on creating, building, and scaling a portfolio of global leaders in life sciences. The company aims to deliver transformational treatments in areas of high unmet need by working with world-class academic founders and management teams. Syncona emphasizes building a diversified portfolio of 20-25 life science businesses to improve patient outcomes and deliver strong returns to shareholders.
YTD Price Performance: -6.25%
Average Trading Volume: 713,333
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of SYNC stock, go to TipRanks’ Stock Analysis page.