Syncona Shs GBP ( (GB:SYNC) ) has shared an update.
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 87.9033 GBp each and will be held in treasury, reducing the total voting rights in the company to 615,066,932. This move is part of Syncona’s strategic financial management to optimize shareholder value and reflects its commitment to maintaining a robust balance sheet while focusing on long-term growth and sustainability 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 for patients with high unmet needs by partnering with world-class academic founders and experienced management teams. Syncona maintains a diversified portfolio of 20-25 leading life science businesses across various development stages, modalities, and therapeutic areas, with a long-term strategy to improve patient lives and deliver strong returns to shareholders.
YTD Price Performance: -16.86%
Average Trading Volume: 840,656
Technical Sentiment Signal: Strong Buy
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