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The latest announcement is out from Hollywood Bowl ( (GB:BOWL) ).
Hollywood Bowl Group plc announced the repurchase of 58,681 of its ordinary shares at prices ranging from 261.00 to 268.00 pence per share, with a weighted average price of 264.1918 pence. This buyback, executed through Investec Bank plc, is part of the company’s strategy to cancel the purchased shares, potentially impacting its share value and market positioning by reducing the number of shares in circulation.
More about Hollywood Bowl
Hollywood Bowl Group plc is the largest ten-pin bowling operator in the UK and Canada, focusing on providing entertainment services through its bowling centers.
YTD Price Performance: -9.86%
Average Trading Volume: 742,020
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £445.4M
For an in-depth examination of BOWL stock, go to TipRanks’ Stock Analysis page.