secwatch.observer — SEC 8-K summary
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Issuer:     BUTLER NATIONAL CORP (BUKS)
CIK:        0000015847
Form:       8-K
Filed at:   2026-10-07T15:30:53+00:00
Accession:  0000015847-26-000051
Event type: other_material
Sentiment:  positive
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Butler National raises buyback by $10M to ~$11.9M total, extends program to April 30, 2029
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15847/000001584726000051/0000015847-26-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15847/000001584726000051/buks-20261007.htm
  HTML page:      https://secwatch.observer/filing/0000015847-26-000051

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