{"id":949132,"date":"2026-04-06T09:03:54","date_gmt":"2026-04-06T13:03:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rci-board-increases-buyback-authorization-by-20-million\/"},"modified":"2026-04-06T09:03:54","modified_gmt":"2026-04-06T13:03:54","slug":"rci-board-increases-buyback-authorization-by-20-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rci-board-increases-buyback-authorization-by-20-million\/","title":{"rendered":"RCI Board Increases Buyback Authorization By $20 Million"},"content":{"rendered":"

<\/p>\n

RCI Board Increases Buyback Authorization By $20 Million<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nRCI Hospitality Holdings, Inc. (Nasdaq: RICK) Board of Directors has authorized increasing the amount available under the Company’s share repurchase program by an additional $20.0 million.<\/p>\n

\nThis gives RCI approximately $24.8 million available to buy back shares when added to the amount remaining from the previous authorization.<\/p>\n

\nFrom FY16, when the Company started implementing its capital allocation strategy, to date, RCI has spent almost $80 million repurchasing almost 3 million shares at an average of $27.88 per share, excluding the repurchase of the ADW block of shares in November 2025.<\/p>\n

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: <\/b>@RCIHHinc<\/b><\/a>)<\/b><\/p>\n

\nWith more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country\u2019s leading company in adult nightclubs and sports bars-restaurants. See all of our brands at www.rcihospitality.com<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the Company’s actual results to differ materially from those indicated, including, but not limited to, the risks and uncertainties associated with (i) operating and managing an adult entertainment or restaurant business, (ii) the business climates in cities where it operates, (iii) the success or lack thereof in launching and building the Company’s businesses, (iv) cyber security, (v) conditions relevant to real estate transactions, (vi) numerous other factors such as laws governing the operation of adult entertainment or restaurant businesses, competition and dependence on key personnel, and (vii) our ability to regain and maintain compliance with the filing requirements of the SEC and the Nasdaq Stock Market. For more detailed discussion of such factors and certain risks and uncertainties, see RCI’s annual report on Form 10-K for the year ended September 30, 2025, as well as its other filings with the U.S. Securities and Exchange Commission. The Company has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260403620705\/en\/<\/a><\/span><\/p>\n

Media & Investor Contacts
\n<\/b>
Gary Fishman and Michael Wichman at 212-883-0655 or gfishman@pondel.com<\/a> and mwichman@pondel.com<\/a>.<\/p>\n

KEYWORDS:<\/b> Texas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Retail General Entertainment Restaurant\/Bar Entertainment<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

RCI Board Increases Buyback Authorization By $20 Million HOUSTON–(BUSINESS WIRE)– RCI Hospitality Holdings, Inc. (Nasdaq: RICK) Board of Directors has authorized increasing the amount available under the Company’s share repurchase program by an additional $20.0 million. This gives RCI approximately $24.8 million available to buy back shares when added to the amount remaining from the previous authorization. From FY16, when the Company started implementing its capital allocation strategy, to date, RCI has spent almost $80 million repurchasing almost 3 million shares at an average of $27.88 per share, excluding the repurchase of the ADW block of shares in November 2025. About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc) With more than 60 locations, RCI Hospitality Holdings, Inc., through its … <\/p>\n

Continue reading “RCI Board Increases Buyback Authorization By $20 Million”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-949132","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRCI Board Increases Buyback Authorization By $20 Million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rci-board-increases-buyback-authorization-by-20-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RCI Board Increases Buyback Authorization By $20 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RCI Board Increases Buyback Authorization By $20 Million HOUSTON–(BUSINESS WIRE)– RCI Hospitality Holdings, Inc. (Nasdaq: RICK) Board of Directors has authorized increasing the amount available under the Company’s share repurchase program by an additional $20.0 million. This gives RCI approximately $24.8 million available to buy back shares when added to the amount remaining from the previous authorization. From FY16, when the Company started implementing its capital allocation strategy, to date, RCI has spent almost $80 million repurchasing almost 3 million shares at an average of $27.88 per share, excluding the repurchase of the ADW block of shares in November 2025. About RCI Hospitality Holdings, Inc. 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