Renovo buys back shares
23rd July 2012
RENOVO, the AIM-listed company which has moved from bio-medical operations to become an investment company, has completed the latest phase of its share buyback plan.
The Manchester University spin-out, which has a cash pile of nearly £30m for investments, has purchased 169,308 of its ordinary shares of 10p each at a price of 17.75p per share to be held in treasury.
Following this transaction, the company has a total of 194,549,571 ordinary shares in issue, of which 42,837,703 will be held as treasury shares.......for the full story register now for free or login below...
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