How many shares did Butler National repurchase in Q1 2027?

Butler National repurchased 246,996 shares during the first quarter of fiscal 2027 under its ongoing share repurchase program.

What was the price paid per share?

The average price paid per share is not disclosed in this filing. Only the total share count repurchased is provided.

Is there a stated authorization amount for the repurchase program?

The filing does not disclose the total authorization amount, remaining authorization capacity, or other details of the company's repurchase program.

How does this repurchase relate to Butler National's financial performance?

Management emphasized disciplined capital allocation during a quarter of strong growth (53% revenue increase, 43% net income increase), indicating repurchases are one component of broader capital deployment alongside business investments.

What execution method does Butler National use for buybacks?

The filing does not specify whether the company uses Rule 10b-18 open-market purchases, a 10b5-1 plan, or another mechanism for executing repurchases.

What was the impact on shares outstanding?

Diluted weighted average shares decreased from 66.9 million in Q1 2026 to 64.0 million in Q1 2027, reflecting the cumulative effect of repurchase activity over the past year.

BUKS 8-K Filed 2026-09-11 Execution disclosure

Butler National repurchased 246,996 shares in Q1 2027

Aircraft MRO company continues disciplined capital allocation with ongoing buyback activity during strong earnings quarter

Shares repurchased247K

MechanismNot specified

What the filing says

Butler National Corporation (OTCQX: BUKS) repurchased 246,996 shares of common stock during the first quarter of fiscal 2027, the company announced in a press release filed with the SEC on September 11, 2026. The buyback was executed under the company's ongoing share repurchase program as part of a broader capital allocation strategy.

The aerospace products and services company reported record first-quarter earnings, with revenue increasing 53% to $30.8 million and net income rising 43% to $5.3 million compared to the same quarter in fiscal 2026. Management cited the share repurchase activity alongside investments in the business as evidence of disciplined capital deployment. Interim Chief Executive Officer Adam Sefchick stated the company "continued our disciplined approach to capital allocation, including ongoing share repurchases and investments in our businesses."

The filing does not disclose the average price paid per share, the total authorization amount for the repurchase program, or remaining authorization capacity. The execution mechanism (Rule 10b-18, 10b5-1 plan, or other method) is not specified in the filing.

During the first quarter of fiscal 2027, we repurchased 246,996 shares of our outstanding common stock for cash under our share repurchase program and as part of our ongoing capital allocation strategy. — BUTLER NATIONAL CORP 8-K filing · View on SEC EDGAR →

What this means

Butler National executed a modest share reduction in Q1 2027 as part of ongoing repurchase activity, contributing to a modest decline in diluted weighted average shares from 66.9 million to 64.0 million year-over-year. While the filing confirms the company maintains an active repurchase program, it provides no detail on authorization limits, pricing, or future execution plans. The buyback's share-count impact is modest relative to the company's total outstanding float, but the company's emphasis on capital discipline during strong earnings growth suggests management views repurchases as a component of shareholder value creation alongside organic investment.

Frequently asked questions

How many shares did Butler National repurchase in Q1 2027?: Butler National repurchased 246,996 shares during the first quarter of fiscal 2027 under its ongoing share repurchase program.
What was the price paid per share?: The average price paid per share is not disclosed in this filing. Only the total share count repurchased is provided.
Is there a stated authorization amount for the repurchase program?: The filing does not disclose the total authorization amount, remaining authorization capacity, or other details of the company's repurchase program.
How does this repurchase relate to Butler National's financial performance?: Management emphasized disciplined capital allocation during a quarter of strong growth (53% revenue increase, 43% net income increase), indicating repurchases are one component of broader capital deployment alongside business investments.
What execution method does Butler National use for buybacks?: The filing does not specify whether the company uses Rule 10b-18 open-market purchases, a 10b5-1 plan, or another mechanism for executing repurchases.
What was the impact on shares outstanding?: Diluted weighted average shares decreased from 66.9 million in Q1 2026 to 64.0 million in Q1 2027, reflecting the cumulative effect of repurchase activity over the past year.

execution aerospace otcqx small-cap capital-allocation

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.