Syncona Limited Executes Share Buyback to Strengthen Market Position

An update from Syncona Shs GBP ( (GB:SYNC) ) is now available.

Syncona Limited announced the purchase of 150,000 of its ordinary shares as part of its ongoing share buyback programme. The shares were bought at a price of 90.7559 GBp each and will be held in treasury, reducing the total voting rights to 618,095,995. This move is part of Syncona’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and maintaining its strong market position in the life sciences sector.

More about Syncona Shs GBP

Syncona Limited is a leading life science investor focused on creating, building, and scaling a portfolio of global leaders in life sciences. The company aims to deliver transformational treatments to patients in areas of high unmet need by developing a diversified portfolio of 20-25 globally leading life science businesses. Syncona works closely with world-class academic founders and experienced management teams to improve the lives of patients with limited treatment options, build sustainable life science companies, and deliver strong risk-adjusted returns to shareholders.

YTD Price Performance: -14.77%

Average Trading Volume: 770,817

Technical Sentiment Consensus Rating: Buy

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