Hollywood Bowl Group PLC - Hemel Hempstead, England-based ten-pin bowling operator - Launches share buyback worth up to £10 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%

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