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Hollywood Bowl Executes Share Buyback to Optimize Capital

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The latest update is out from Hollywood Bowl ( (GB:BOWL) ).

Hollywood Bowl Group plc announced the repurchase of 127,614 of its ordinary shares, with prices ranging from 256 to 261 pence per share. This buyback, executed through Investec Bank plc, is part of the company’s strategy to manage its share capital and potentially enhance shareholder value by canceling the repurchased shares.

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: -11.42%

Average Trading Volume: 848,674

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £439.4M

Learn more about BOWL stock on TipRanks’ Stock Analysis page.

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