other material
confidence high
sentiment positive
materiality 0.40
Butler National raises buyback by $10M to ~$11.9M total, extends program to April 30, 2029
BUTLER NATIONAL CORP
- Board authorized a $10M increase in the existing repurchase program, lifting total available authorization to approximately $11.9M; program extended through April 30, 2029.
- Company has repurchased approximately 300,000 shares since April 30, 2026 at an average price of $4.16 per share.
- Executive Chairman Jeffrey D. Yowell said the increase gives flexibility to return capital to shareholders while continuing to invest in long-term growth.
- Repurchases may occur in open-market or privately negotiated transactions; the program can be modified, suspended, extended or terminated at any time.