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The latest update is out from Syncona Shs GBP ( (GB:SYNC) ).
Syncona Limited has executed a share buyback, purchasing 150,000 of its ordinary shares at a price of 98.0433 GBp each, as part of its ongoing share buyback programme. The repurchased shares will be held in treasury, impacting the total voting rights in the company, which is now 622,597,839. This move is part of Syncona’s strategy to optimize its capital structure and enhance shareholder value.
More about Syncona Shs GBP
Syncona Limited is a prominent life science investor dedicated to creating, building, and scaling a portfolio of global leaders in the life science sector. The company focuses on developing transformational treatments to address areas of high unmet need, aiming to build a diversified portfolio of 20-25 leading life science businesses. Syncona collaborates closely with world-class academic founders and experienced management teams to improve patient lives, build sustainable companies, and deliver strong risk-adjusted returns to shareholders.
YTD Price Performance: -7.39%
Average Trading Volume: 678,711
Technical Sentiment Consensus Rating: Buy
Learn more about SYNC stock on TipRanks’ Stock Analysis page.