#United States #stock repurchase #Butler National #New Century #Aerospace Market

Butler National Corporation Boosts Share Repurchase Efforts

On August 13, 2025, Butler National Corporation, publicly traded under the OTCQX symbol BUKS, announced a significant step in bolstering shareholder value by repurchasing 2.41 million of its own shares. This initiative comes as part of a broader strategy aimed at supporting the company's strength in the competitive field of aircraft modification, maintenance, and repair.

Since the initiation of this program on April 30, 2025, Butler National has executed these repurchases at an average price of $1.51 per share. This strategic move marks the closure of their previous Stock Repurchase Program from 2016 and introduces a fresh $5 million 2025 Stock Repurchase Program, authorized until April 2027. In terms of market impact, these transactions alone allow Butler National to repurchase approximately 4.8% of its outstanding shares, which total up to 64,854,736.

Executive Chairman Jeffrey D. Yowell commented on this development, stating, “The Butler National Board of Directors has made stock repurchases a priority. Management has worked diligently to repurchase Butler National common stock through private transactions when larger amounts of shares become available.” This sentiment further underscores the company's commitment to enhancing shareholder value and reflects an unwavering belief in its long-term growth potential.

As of the end of Q1 on July 31, 2025, Butler National reported spending around $2.9 million for the repurchased shares, with an additional $0.9 million remaining to be paid by the end of 2025. Notably, the repurchase program will not limit share buybacks to any specific method; rather, Butler National will pursue share acquisition through both open market transactions and private negotiations, all while adhering to federal securities laws.

The Aerospace Products segment of Butler National Corporation plays a pivotal role in the aerospace industry by providing structural modifications, integrating advanced electronics, and producing design solutions that enhance aircraft efficiency and performance. The company also operates FAA Repair Stations, catering to notable aircraft such as Learjet and Textron Beechcraft.

In addition to its aerospace operations, Butler National also engages in professional services, particularly gaming management. This sector includes the operation of the Boot Hill Casino and Resort in Dodge City, Kansas, which features a variety of gaming and entertainment options, including approximately 500 slot machines and 15 table games.

The continued emphasis on share repurchases not only serves as a financial strategy but also highlights Butler National Corporation's intent to show confidence to its investors while promoting growth. The interplay between a strong business model in aerospace and expanded gaming operations could position the company for sustained success in high-value markets.

In summary, Butler National Corporation’s decision to repurchase 2.41 million shares epitomizes a proactive approach to maintaining investor interest and increasing market value. The newly initiated Stock Repurchase Program, coupled with an optimistic long-term outlook, suggests that Butler National is positioning itself for continued growth in the dynamic business landscape of aerospace and professional services.