Richtech Robotics authorizes $12M stock repurchase program

RICHTECH ROBOTICS INC.

Board approved repurchase of up to $12M of Class B common stock, effective Aug 21, 2026 through Aug 21, 2027.
Repurchases will be made under a Rule 10b5-1 trading plan, subject to market conditions and plan terms.
Program does not obligate company to buy any specific number of shares; may be modified, suspended, or terminated anytime.
Compensation committee also approved $750 per bi-weekly healthcare cash stipend for CEO, CFO, and COO (~$19,500 annually each).

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