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Hollywood Bowl Executes Share Buyback to Enhance Shareholder Value

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

Hollywood Bowl Group plc announced the repurchase of 154,356 of its ordinary shares at a weighted average price of 274.463 pence per share, as part of its share buyback program. The company intends to cancel the purchased shares, which could 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 and leisure services through its bowling centers.

YTD Price Performance: -5.21%

Average Trading Volume: 784,259

Technical Sentiment Signal: Hold

Current Market Cap: £466.4M

Find detailed analytics on BOWL stock on TipRanks’ Stock Analysis page.

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