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Syncona Shs GBP ( (GB:SYNC) ) has issued an update.
Syncona Limited announced the repurchase of 150,000 of its ordinary shares as part of its share buyback program. These shares will be held in treasury, reducing total voting rights to 622,897,839. This strategic move is aligned with Syncona’s long-term investment strategy in the life sciences sector, aiming to enhance shareholder value and maintain a robust balance sheet, while stakeholders can use the updated figures for regulatory notifications.
More about Syncona Shs GBP
Syncona Limited is a leading life science investor dedicated to creating, building, and scaling a portfolio of globally leading life science companies. The company focuses on delivering transformational treatments to patients with high unmet needs by developing a diversified portfolio of life science businesses across various stages, modalities, and therapeutic areas. Syncona collaborates with academic founders and management teams to build sustainable companies and deliver strong risk-adjusted returns to shareholders.
YTD Price Performance: -7.58%
Average Trading Volume: 692,101
Technical Sentiment Consensus Rating: Buy
See more insights into SYNC stock on TipRanks’ Stock Analysis page.
