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Syncona Shs GBP ( (GB:SYNC) ) has shared an announcement.
Syncona Limited has announced the purchase of 145,000 of its own ordinary shares as part of its ongoing share buyback program, with the shares being held in treasury and not carrying voting rights. This move is expected to manage the company’s capital structure and potentially enhance shareholder value, as it reduces the total number of voting rights and could influence shareholder interest notifications according to the FCA’s rules.
More about Syncona Shs GBP
Syncona Limited 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 for patients in areas of high unmet need by developing a diversified portfolio of 20-25 globally leading life science businesses. Syncona works closely with world-class academic founders and experienced management teams to produce sustainable life science companies that deliver strong risk-adjusted returns to shareholders.
YTD Price Performance: -2.46%
Average Trading Volume: 709,384
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of SYNC stock, go to TipRanks’ Stock Analysis page.
