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Hollywood Bowl ( (GB:BOWL) ) has provided an announcement.
Hollywood Bowl Group plc has announced the purchase of 145,560 of its own ordinary shares, with the intention to cancel them as part of a buyback program. This move is likely aimed at optimizing the company’s capital structure, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.
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: -5.73%
Average Trading Volume: 796,352
Technical Sentiment Signal: Hold
Current Market Cap: £463.2M
See more insights into BOWL stock on TipRanks’ Stock Analysis page.