RCI Hospitality Holdings (RICK) Increases Share Buyback Plan by $25M

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) Board of Directors today authorized increasing the amount available under the company's share repurchase program by an additional $25.0 million.

From FY16, when the company started implementing its capital allocation strategy, to 2Q22, RCI has invested approximately $25.4 million repurchasing approximately 1.6 million shares at an average of $15.88 per share.

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