Bowlero boosts share repurchase program to $200M

Bowlero said its board authorized a time extension and an increase to its share repurchase program, replenishing the authorized repurchase amount to $200M and removing the program expiration date. “The timing of the repurchases and the actual amount repurchased will depend on a variety of factors, including the market price of the Company’s shares, general market and economic conditions, and other factors,” the company said.