$re = '/%%\w+%%/m';
$str = '%%HELLO_WOLD%%
%HELLO_WOLD%
%%HELLO_WOLD
HELLO_WOLD%%
Test %%HELLO_WOLD%% test
Test %%HELLO_WOLD%%
%%HELLO_WOLD%% test
Test %%%HELLO_WOLD%%% test Test %%%HELLO_WOLD%%% test
Test %%%%%%%%%%%HELLO_WOLD%%%% test
Test %%%%%%%%%%%%HELLO_WOLD%%%%% test
%%%HELLO_WOLD%% test
%HELLO_WOLD% test
test %%%HELLO_WOLD%% test
test %%%HELLO_WOLD%% test
%%%HELLO_WOLD%%
';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php