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Hollywood Bowl Launches £5 Million Share Buyback Programme

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Hollywood Bowl Launches £5 Million Share Buyback Programme

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

Hollywood Bowl Group plc has initiated a Share Buyback Programme, entering into agreements with Investec and Berenberg to repurchase up to £5 million of its ordinary shares. This move, reflecting the company’s strong cash generation and balance sheet, aims to reduce share capital and return excess capital to shareholders while continuing to invest in business growth. The buyback will be conducted under strict regulatory guidelines and will conclude by the end of September 2025.

The most recent analyst rating on (GB:BOWL) stock is a Buy with a £3.84 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 strong financial performance and positive corporate events are the most significant factors, reflecting its strategic growth and shareholder value initiatives. However, bearish technical indicators and challenges in free cash flow slightly dampen the outlook.

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

More about Hollywood Bowl

Hollywood Bowl Group plc operates in the leisure and entertainment industry, primarily focusing on providing bowling and entertainment experiences. The company is known for its chain of bowling centers across the UK, catering to a wide range of customers seeking recreational activities.

Average Trading Volume: 1,114,063

Technical Sentiment Signal: Sell

Current Market Cap: £396.8M

Learn more about BOWL stock on TipRanks’ Stock Analysis page.

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