Butler National Increases Share Buyback Authorization to $11.9M
Butler National (BUKS) has increased its stock repurchase authorization by $10 million, bringing the total buyback capacity to approximately $11.9 million. The company announced this update on Wednesday and noted that it has already repurchased around 300,000 shares since April 30, 2026, at an average price of $4.16 per share. The expanded buyback program signals the board's confidence in the company’s long-term value and its commitment to returning capital to shareholders through stock repurchases. This move is expected to reduce the number of outstanding shares over time, potentially increasing earnings per share (EPS) and enhancing shareholder value.
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