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Richtech Robotics Inc. specializes in the design, production, deployment, and sale of automated robotic systems tailored for the service sector. Their comprehensive product line addresses various operational needs, including internal transportation and delivery, sanitation, and food and beverage automation. Key robotic offerings feature worker robots like ADAM and ARM; a range of delivery robots including the Matradee series (Matradee, Matradee X, Matradee L), Richie, and Robbie; and cleaning robots such as DUST-E SX and DUST-E MX. These robots are complemented by a suite of accessories…

Investors were cheered by the company's latest revenue growth figure. They also liked its launch of a new share repurchase program.

Shares of Richtech Robotics Inc. (NASDAQ:RR) are climbing Tuesday afternoon on heavy trading volume after the company announced a stock repurchase program. Here's what investors need to know.

Richtech stock is down 35% so far this year. Now, the start-up robotics company is buying back its own stock.

LAS VEGAS, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or “the Company”), a Nevada-based provider of AI-driven service robots, announces that its board of directors has approved a stock repurchase program to purchase up to $12 million of the Company's Class B common stock, pursuant to a Rule 10b5-1 trading plan under the Securities Exchange Act of 1934, as amended, subject to terms and conditions of the plan and market conditions. The stock repurchase program does not obligate the Company to repurchase any specific number of shares and it may be modified, suspended or terminated at any time by the board of directors without prior notice.

The first instance was an apparent deal with a top tech company. The second was a set of errors that made its financial statements unreliable.