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Syncona Shs GBP ( (GB:SYNC) ) just unveiled an update.
Syncona Limited announced the purchase of 150,000 ordinary shares at a price of 102.90 GBp each as part of its ongoing share buyback program. This transaction, conducted through Deutsche Numis, impacts the company’s share capital and voting rights, with 44,510,638 shares held in treasury. The buyback aligns with Syncona’s strategic focus on strengthening its balance sheet to support its long-term investment goals in the life sciences sector.
More about Syncona Shs GBP
Syncona Limited is a leading life science investor focused on creating, building, and scaling a portfolio of globally leading life science companies. The company aims to deliver transformational treatments to patients with high unmet needs by partnering with world-class academic founders and experienced management teams. Syncona’s strategy involves maintaining a diversified portfolio of 20-25 businesses across various development stages, modalities, and therapeutic areas to achieve long-term returns and improve patient outcomes.
YTD Price Performance: -16.05%
Average Trading Volume: 782,513
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of SYNC stock, go to TipRanks’ Stock Analysis page.
