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Syncona Shs GBP ( (GB:SYNC) ) has issued an update.
Syncona Limited has announced the purchase of 150,000 of its own ordinary shares as part of a previously announced share buyback program. The shares were acquired at a volume-weighted average price of 94.3309 GBp and will be held in treasury, affecting the total voting rights for shareholders. This transaction reflects Syncona’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
More about Syncona Shs GBP
Syncona Limited is a prominent life science investor focused on creating, building, and scaling a diversified portfolio of globally leading life science companies. They aim to develop transformational treatments in areas of high unmet need by partnering with world-class academic founders and experienced management teams. Syncona’s strategy is underpinned by a strong balance sheet, allowing for long-term investments to improve patient outcomes and deliver robust returns to shareholders.
YTD Price Performance: -10.13%
Average Trading Volume: 738,889
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of SYNC stock, go to TipRanks’ Stock Analysis page.
