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Hollywood Bowl Group Executes Share Buyback Program

Story Highlights
  • Hollywood Bowl Group is the largest ten-pin bowling operator in the UK and Canada.
  • The company bought back 145,254 shares, planning to cancel them to potentially increase shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Hollywood Bowl ( (GB:BOWL) ) just unveiled an update.

Hollywood Bowl Group plc has executed a share buyback program, purchasing 145,254 of its ordinary shares at an average price of 269.4863 pence per share. The company plans to cancel these shares, which could impact its share value and market positioning by reducing the number of shares in circulation, potentially increasing earnings per share and benefiting shareholders.

More about Hollywood Bowl

Hollywood Bowl Group plc is the largest ten-pin bowling operator in the UK and Canada, providing entertainment services through its bowling centers.

YTD Price Performance: -7.11%

Average Trading Volume: 788,251

Technical Sentiment Signal: Hold

Current Market Cap: £457.6M

See more insights into BOWL stock on TipRanks’ Stock Analysis page.

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