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Hollywood Bowl Group Executes Share Buyback

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Hollywood Bowl Group Executes Share Buyback

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An announcement from Hollywood Bowl ( (GB:BOWL) ) is now available.

Hollywood Bowl Group plc announced the repurchase of 39,200 of its ordinary shares, with prices ranging from 252.00 to 258.00 pence per share, as part of its buyback programme. This move, facilitated through Berenberg, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:BOWL) stock is a Buy with a £288.00 price target. To see the full list of analyst forecasts on Hollywood Bowl stock, see the GB:BOWL Stock Forecast page.

Spark’s Take on GB:BOWL Stock

According to Spark, TipRanks’ AI Analyst, GB:BOWL is a Outperform.

Hollywood Bowl’s overall stock score reflects a strong financial performance with robust revenue growth and profitability. The valuation is attractive with a reasonable P/E ratio and a high dividend yield. Technical analysis indicates short-term bullish momentum, though longer-term resistance may be present. The absence of earnings call data and corporate events does not impact the score significantly.

To see Spark’s full report on GB:BOWL stock, click here.

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 extensive network of bowling centers.

Average Trading Volume: 1,108,059

Technical Sentiment Signal: Hold

Current Market Cap: £421.7M

For an in-depth examination of BOWL stock, go to TipRanks’ Overview page.

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