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Hollywood Bowl ( (GB:BOWL) ) has provided an update.
Hollywood Bowl Group plc has announced the repurchase of 119,465 of its ordinary shares at a weighted average price of 274.6705 pence per share, with the intention to cancel these shares. This transaction is part of the company’s buyback program, indicating a strategic move to potentially enhance shareholder value and optimize capital structure.
More about Hollywood Bowl
Hollywood Bowl Group plc is the largest ten-pin bowling operator in the UK and Canada. The company primarily focuses on providing leisure and entertainment services through its bowling venues.
YTD Price Performance: -5.90%
Average Trading Volume: 719,646
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £480.1M
For an in-depth examination of BOWL stock, go to TipRanks’ Stock Analysis page.
