The latest announcement is out from Syncona Shs GBP ( (GB:SYNC) ).
Syncona Limited has executed a share buyback, purchasing 150,000 of its ordinary shares at a consistent price of 95.7333 GBp per share, as part of its ongoing Share Buyback Programme. These shares will be held in treasury, impacting the total voting rights in the company, which now stands at 620,095,995. This move is part of Syncona’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and maintaining its position as a leading life science investor.
More about Syncona Shs GBP
Syncona Limited is a prominent life science investor dedicated to creating, building, and scaling a portfolio of global leaders in the life sciences sector. The company focuses on developing transformational treatments for patients with high unmet needs by partnering with world-class academic founders and experienced management teams. Syncona aims to maintain a diversified portfolio of 20-25 leading life science businesses across various development stages, modalities, and therapeutic areas, all while delivering strong risk-adjusted returns to shareholders.
YTD Price Performance: -9.56%
Average Trading Volume: 749,884
Technical Sentiment Consensus Rating: Buy
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