HONG KONG, Aug.  21, 2026  (GLOBE NEWSWIRE) -- Reitar Logtech Holdings Limited (NASDAQ:RITR) (&#34;Reitar&#34; or the &#34;Company&#34;) today announced that its Board of Directors has authorized a share repurchase

RITR

Reitar Logtech Holdings Limited Announces US$3 Million Share Repurchase Program

Reitar authorizes up to $3 million share buyback to support equity value

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>HONG KONG, Aug.  21, 2026  (GLOBE NEWSWIRE) -- Reitar Logtech Holdings Limited (NASDAQ:RITR) (&amp;#34;Reitar&amp;#34; or the &amp;#34;Company&amp;#34;) today announced that its Board of Directors has authorized a share repurchase</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Reitar Logtech said its board authorized a share repurchase program up to $3 million, to be executed in open market, private, or block trades and funded from existing cash. The timing and size depend on market conditions and liquidity, with possible suspension at management’s discretion. The move signals confidence in fundamentals and could provide near-term stock support for RITR.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Board authorized up to $3M share repurchase; trades may be open-market, private, or blocks.</li><li>Funding from existing cash; timing at management discretion; program may be suspended.</li><li>Repurchases subject to Rule 10b-18/10b5-1 and regulatory limits.</li><li>Reitar listed on Nasdaq in 2024; PLT platform.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Reitar Logtech Holdings Limited (RITR)</strong>: Board-authorized share repurchase up to $3M; potential near-term price support and signaling of capital return discipline.</li><li><strong>Strategic Financial Relations Limited (N/A)</strong>: PR firm; no direct market impact; distribution channel for the release.</li><li><strong>A.R.E. CommTech Limited (N/A)</strong>: PR contacts; not a publicly traded entity; informational context.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Fits as a corporate action (share repurchase) signaling capital-allocation intent for a micro-cap/Asia-focused logistics tech company.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Upsized cash return could reduce float and support price.</li><li>No guaranteed repurchases; actual activity depends on liquidity.</li><li>Regulatory compliance may constrain timing and size.</li><li>Small-cap status means modest price impact unless momentum builds.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Announcement date: Aug 21, 2026.</li><li>Repurchase cap: up to US$3 million.</li><li>Funding source: existing cash balances.</li><li>Repurchases may be open market, private transactions, or blocks.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish near-term bias as buyback progresses over weeks to months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">HONG KONG, Aug.  21, 2026  (GLOBE NEWSWIRE) -- Reitar Logtech Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/RITR">RITR</a>) (&#34;Reitar&#34; or the &#34;Company&#34;) today announced that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to US$3 million in aggregate value of its outstanding Class A ordinary shares (the &#34;Share Repurchase Program&#34;).</p>  <p align="justify">Repurchases under the Share Repurchase Program may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. Any open-market repurchases will be conducted in accordance with the limitations set forth in Rule 10b-18 and/or Rule 10b5-1 under the U.S. Securities Exchange Act of 1934, as amended, to the extent applicable.</p>  <p align="justify">The timing and dollar amount of repurchase transactions will be determined by the Company’s management based on its evaluation of market and business conditions, levels of available liquidity, cash requirements for other purposes, regulatory limitations and other relevant factors. The Share Repurchase Program does not obligate the Company to acquire any specific number of shares and may be suspended, modified or discontinued at any time at the Company’s discretion, subject to applicable law, regulation and market rules, without prior notice. The Company expects to fund the repurchases out of its existing cash balances.</p>  <p align="justify"><strong><em><u>Safe Harbor Statements<br></br></u></em></strong><em>This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.</em></p>  <p align="justify"><strong><u>About Reitar Logtech Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/RITR">RITR</a>)</u></strong><br></br>Reitar Logtech was listed on Nasdaq in 2024, and is Asia’s first integrated industrial solutions provider focused on Property + Logistics Technology ("PLT"). As a pioneer in industry innovation, the group remains focused on the full lifecycle management of logistics assets and technology-driven value creation, establishing an integrated platform that encompasses investment development, operational management, and intelligent upgrades. Reitar drives &#39;asset value enhancement&#39; and &#39;technology application scenarios&#39; simultaneously, innovatively integrating intelligent warehousing systems, IoT devices, and data analytics platforms. This effectively achieves synergistic growth in operational efficiency and economic benefits for clients&#39; assets, promoting the efficient allocation of resources across the logistics industry chain and cross-industry integration.</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td colspan="2" style="max-width:15%; min-width:15%;"><strong><u>For Press Enquiries</u></strong></td></tr><tr><td colspan="2" style="max-width:15%; min-width:15%;"> </td></tr><tr><td colspan="2" style="max-width:15%; width:100%; min-width:15%;"><strong>Strategic Financial Relations Limited</strong></td></tr><tr><td style="max-width:15%; width:14.9936%; min-width:15%;;vertical-align: top ; ">Veron Ng</td><td style="max-width:85%; width:85.0064%; min-width:85%;;vertical-align: top ; ">Tel：(852) 2864 4831</td></tr><tr><td style="width:14.9936%;;vertical-align: top ; ">Carol Cheung</td><td style="width:85.0064%;;vertical-align: top ; ">Tel：(852) 2114 2200</td></tr><tr><td style="width:14.9936%;;vertical-align: top ; ">Coco Yu</td><td style="width:85.0064%;;vertical-align: top ; ">Tel：(852) 2864 4867</td></tr><tr><td colspan="2" style="width:100%;">Email： <a href="mailto:sprg_reitar@sprg.com.hk" rel="nofollow" target="_blank">sprg_reitar@sprg.com.hk</a> <br></br></td></tr><tr><td colspan="2" style="width:100%;"> </td></tr><tr><td colspan="2" style="width:100%;"><strong>A.R.E. CommTech Limited</strong></td></tr><tr><td colspan="2" style="width:100%;"><strong>Ms.</strong> <strong>Crystal</strong> <strong>Yip</strong></td></tr><tr><td colspan="2" style="width:100%;"><strong>Tel: </strong>9587 3234 / 3461 3661</td></tr><tr><td colspan="2" style="width:100%;"><strong>Email:</strong> crystalyip@arecommtech.com</td></tr><tr><td colspan="2" style="width:100%;"> </td></tr><tr><td colspan="2" style="width:100%;"><strong>Ms.</strong> <strong>Chelsie Tam</strong></td></tr><tr><td colspan="2" style="width:100%;"><strong>Tel: </strong>6094 3336 / 3461 3750</td></tr><tr><td colspan="2" style="width:100%;"><strong>Email: </strong>chelsietam@arecommtech.com</td></tr></table> <p><br></br></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxNDEzNCM3Nzg3NjMyIzIzMDI5MDE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/OTIzNjQxZmMtMGU3Yy00YmNkLTljOTgtMWM3YmQ0MmUzMTJhLTEzMTQ0NTEtMjAyNi0wOC0yMS1lbg==/tiny/Reitar-Logtech-Group-Limited.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/7e92f2e1-1bde-4874-8ef7-71ce41a6a0ec"><img src="https://ml.globenewswire.com/media/7e92f2e1-1bde-4874-8ef7-71ce41a6a0ec/small/picture1-png.png" border="0" width="150" height="47" alt="Primary Logo"></img></a></p>

Reitar Logtech said its board authorized a share repurchase program up to $3 million, to be executed in open market, private, or block trades and funded from existing cash. The timing and size depend on market conditions and liquidity, with possible suspension at management’s discretion. The move signals confidence in fundamentals and could provide near-term stock support for RITR.

News insight

Reitar Logtech Holdings Limited Announces US$3 Million Share Repurchase Program

AI summary

Sentiment rationale

Key facts

Corporate Developments