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Syncona Shs GBP ( (GB:SYNC) ) just unveiled an update.
Syncona Limited has announced a transaction involving the repurchase of 175,000 of its ordinary shares at a volume weighted average price of 92.3143 pence per share as part of its ongoing share buyback programme. These shares will be held in treasury, impacting the company’s total voting rights, which now stands at 621,920,995. This move is aligned with Syncona’s strategy to manage its capital structure and maintain its focus on building a strong portfolio within the life sciences sector, potentially enhancing shareholder value.
More about Syncona Shs GBP
Syncona Limited is a leading life science investor focused on creating, building, and scaling a diversified portfolio of globally leading life science companies. The company aims to deliver transformational treatments to patients, especially in areas of high unmet need, by partnering with academic founders and experienced management teams. Syncona focuses on developing treatments that have significant patient impact and strives to achieve long-term sustainable growth and strong risk-adjusted returns for shareholders.
YTD Price Performance: -13.26%
Average Trading Volume: 797,567
Technical Sentiment Consensus Rating: Buy
For detailed information about SYNC stock, go to TipRanks’ Stock Analysis page.
