TRADING UPDATES: Arix backs buyback; 88 Energy notes share price surge Mon, 15th Mar 2021 21:44 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Arix Bioscience PLC - focused on investing in biotech companies - Says board approves buyback of up to GBP25 million worth of shares. "The share buyback programme is consistent with Arix's strategy of creating and delivering value for all stakeholders and follows shareholder consultation as part of the company's stated commitment to keep use of cash under review, following the trade sale of VelosBio," Arix says.