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Hollywood Bowl Announces Share Buyback and Cancellation

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Hollywood Bowl ( (GB:BOWL) ) has issued an update.

Hollywood Bowl Group plc has announced the purchase of 97,256 of its ordinary shares at a weighted average price of 272.2110 pence per share, as part of its share buyback program. The company intends to cancel these shares, which may impact its share capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.

More about Hollywood Bowl

Hollywood Bowl Group plc is the largest ten-pin bowling operator in the UK and Canada, focusing on providing entertainment through its bowling centers.

YTD Price Performance: -6.07%

Average Trading Volume: 805,935

Technical Sentiment Signal: Hold

Current Market Cap: £456M

For a thorough assessment of BOWL stock, go to TipRanks’ Stock Analysis page.

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