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...