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Full: For 120...264...300 seconds, your animal companion gains 1...3...3 Health regeneration, and half of all damage dealt to your animal companion is redirected to you.
Concise: (120...264...300 seconds.) Your pet has +1...3...3 Health regeneration. Half of all damage dealt to your pet is redirected to you.
This redirection happens after AL from the pet, but before reduction by Call of Protection.
The redirected damage is untyped.
Cast Balthazar's Spirit on yourself to give you energy every time your pet takes damage.
If both Life Bond and Symbiotic Bond are cast with Balthazar's Spirit, you will gain energy from both (i.e. every time the pet is hit, you gain 2 energy).
Since it is a shout, you cannot end it prematurely if you are taking too much damage.