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The latest announcement is out from Hollywood Bowl ( (GB:BOWL) ).
Hollywood Bowl Group plc has announced the repurchase of 39,730 of its ordinary shares at an average price of 272.1683 pence per share as part of its buyback program. The company plans to cancel these shares, a move that could potentially enhance shareholder value by reducing the number of shares outstanding, thus increasing earnings per share and potentially boosting the stock price.
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: -5.90%
Average Trading Volume: 780,022
Technical Sentiment Signal: Hold
Current Market Cap: £463.2M
For an in-depth examination of BOWL stock, go to TipRanks’ Stock Analysis page.