18th Feb 2025 09:55
Hollywood Bowl Group PLC - Hemel Hempstead, England-based ten-pin bowling operator - Launches share buyback worth up to GBP10 million. The buyback will be run by investment banks Investec and Berenberg. It will start on Tuesday and be completed by January 29 next year. Hollywood Bowl said the buyback will return excess capital to shareholders, while the company continues to invest for growth. Last month, Hollywood Bowl said it is on track to meet its target of 130 bowling centres by 2035, up from 80 at present.
Current stock price: 282.00 pence, up 3.3% in London on Tuesday
12-month change: down 11%
By Tom Waite, Alliance News editor
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