Syncona Limited Executes Share Buyback to Strengthen Capital Structure

Syncona Shs GBP ( (GB:SYNC) ) has shared an update.

Syncona Limited has executed a share buyback program, purchasing 300,000 of its ordinary shares at a price of 90.1167 GBp per share. These shares will be held in treasury, reducing the total voting rights to 616,745,995. This move is part of Syncona’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and maintaining a strong balance sheet to support its long-term investment goals in the life sciences sector.

More about Syncona Shs GBP

Syncona Limited is a prominent life science investor focused on creating, building, and scaling a portfolio of global leaders in the life sciences sector. The company aims to develop transformational treatments in areas of high unmet need by partnering with academic founders and experienced management teams. Syncona maintains a diversified portfolio of 20-25 globally leading life science businesses, emphasizing patient impact and sustainable company growth.

YTD Price Performance: -15.81%

Average Trading Volume: 813,189

Technical Sentiment Signal: Buy

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