Syncona Limited Executes Share Buyback to Optimize Capital Structure

The latest update is out from Syncona Shs GBP ( (GB:SYNC) ).

Syncona Limited announced the purchase of 150,000 of its ordinary shares as part of its ongoing share buyback programme. The shares were acquired at a volume-weighted average price of 90.4733 GBp and will be held in treasury, reducing the total voting rights to 618,245,995. This move is part of Syncona’s strategy to manage its capital structure effectively 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 for patients with high unmet needs, aiming to build a diversified portfolio of 20-25 leading life science businesses. Syncona collaborates with world-class academic founders and experienced management teams to deliver impactful patient treatments and sustainable life science companies, while providing strong risk-adjusted returns to shareholders.

YTD Price Performance: -14.96%

Average Trading Volume: 765,529

Technical Sentiment Consensus Rating: Buy

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