Tranche Update on RCI Hospitality Holdings, Inc.'s Equity Buyback Plan announced on May 1, 2013.
February 08, 2024 at 04:10 pm EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 37,954 shares, representing 0.4% for $2.07 million. With this, the company has completed the repurchase of 2,366,978 shares, representing 24.31% for $46.67 million under the buyback announced on May 1, 2013.
RCI Hospitality Holdings, Inc. is a holding company, which operates through its subsidiaries. The Company is engaged in various activities in the hospitality and related businesses. The Companyâs all services and management operations are conducted by its subsidiaries, including RCI Management Services, Inc. It operates a total of 70 establishments, which offers live adult entertainment, including two that are under renovation/remodeling, and/or restaurant and bar operations, including one food hall. It also operates a business communications company serving the multi-billion-dollar adult nightclubs industry. The Company has three segments: Nightclubs, Bombshells and Other. Its Nightclubs portfolio includes a variety of brands and formats that target different customer demographics. Its nightclubs are located around the country in New York City, Chicago, Dallas-Fort Worth and others. Bombshells Restaurant & Bar is a military-themed casual dining chain with a focus on sports and fun.
RCI HOSPITALITY HOLDINGS, INC. 
