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An announcement from Syncona Shs GBP ( (GB:SYNC) ) is now available.
Syncona Limited has executed a share buyback as part of its ongoing programme, purchasing 127,000 ordinary shares at a price of 99.7997 GBp each. This move, conducted through Deutsche Numis, will result in the shares being held in treasury, impacting the company’s total voting rights, which will now stand at 625,181,994. This strategic financial maneuver aligns with Syncona’s long-term investment strategy, aimed at strengthening its balance sheet to support sustainable growth in the life sciences sector.
More about Syncona Shs GBP
Syncona Limited is a leading life science investor focused on creating, building, and scaling globally leading companies in the life sciences sector. The company aims to build a diversified portfolio of 20-25 life science businesses, delivering transformational treatments to patients in areas of high unmet need. Syncona operates in partnership with world-class academic founders and experienced management teams, focusing on developing treatments that impact patient lives while delivering strong risk-adjusted returns to shareholders.
YTD Price Performance: -8.43%
Average Trading Volume: 709,820
Technical Sentiment Consensus Rating: Buy
For detailed information about SYNC stock, go to TipRanks’ Stock Analysis page.
