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Syncona Shs GBP ( (GB:SYNC) ) has issued an update.
Syncona Limited announced the repurchase of 150,000 of its ordinary shares as part of its ongoing share buyback programme. The shares, purchased at a consistent price of 101.64 GBp, will be held in treasury, reducing the total voting rights in the company to 628,453,994. This strategic move is part of Syncona’s effort to manage its share capital and optimize shareholder value, aligning with its broader goals to sustain long-term growth and stability in the life sciences sector.
More about Syncona Shs GBP
Syncona Limited is a prominent life science investor dedicated to creating, building, and expanding a portfolio of leading global life science companies. The company’s mission is to invest in and develop transformational treatments for patients with significant unmet needs by collaborating closely with esteemed academic founders and seasoned management teams. Syncona aims to maintain a diversified portfolio of 20-25 top life science businesses across various development stages, modalities, and therapeutic areas, with a long-term strategy to improve patient lives and deliver strong returns to shareholders.
YTD Price Performance: -17.34%
Average Trading Volume: 784,265
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on SYNC stock on TipRanks’ Stock Analysis page.
