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The latest announcement is out from Syncona Shs GBP ( (GB:SYNC) ).
Syncona Limited has announced the purchase of 189,000 ordinary shares as part of its share buyback program. These shares will be held in treasury, resulting in a total of 623,716,839 voting rights. This move reflects Syncona’s strategy to manage its capital structure while focusing on long-term value creation and enhancing shareholder returns.
More about Syncona Shs GBP
Syncona Limited is a prominent life science investor dedicated to developing and scaling a portfolio of leading global life science companies. The company focuses on creating transformational treatments in areas with high unmet needs, partnering closely with academic founders and experienced management teams. Syncona aims to maintain a diversified portfolio of 20-25 life science businesses, delivering strong risk-adjusted returns to shareholders.
YTD Price Performance: -6.25%
Average Trading Volume: 713,333
Technical Sentiment Consensus Rating: Buy
Learn more about SYNC stock on TipRanks’ Stock Analysis page.