secwatch.observer — SEC 8-K summary
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Issuer:     BUTLER NATIONAL CORP (BUKS)
CIK:        0000015847
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001628280-25-040035
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Butler National repurchases 2.41M shares, launches $5M new buyback
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- Repurchased 2.41 million shares since Apr 30, 2025 at avg $1.51 per share.
- Closed 2016 Stock Repurchase Program; new $5M program authorized through April 2027.
- New authorization represents ~4.8% of 64,854,736 outstanding shares at current prices.
- As of Jul 31, paid $2.9M of $3.8M obligation; remaining $0.9M due by Dec 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15847/000162828025040035/0001628280-25-040035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15847/000162828025040035/buks-20250813.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-040035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer