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Note 12 - Stock Repurchase Program
3 Months Ended
Jul. 31, 2021
Notes to Financial Statements  
Treasury Stock [Text Block]

12. Stock Repurchase Program

 

The Board of Directors approved a stock purchase program authorizing the repurchase of up to $4,000 of its common stock. The timing and amount of any share repurchases will be determined by Butler National’s management based on market conditions and other factors. The program is currently authorized through May 1, 2022.

 

The table below provides information with respect to common stock purchases by the Company through July 31, 2021.

 

Period

 Total Number of Shares Purchased  Average Price Paid per Share  Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs  Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs 

Shares purchased in prior periods

  2,721,415  $0.36   2,721,415  $3,019 

Quarter ended July 31, 2020 (a)

  212,000  $0.51   212,000  $2,911 

Quarter ended October 31, 2020 (a)

  152,915  $0.50   152,915  $2,835 

Quarter ended January 31, 2021 (a)

  -  $-   -  $2,835 

Quarter ended April 30, 2021 (a)

  17,303  $0.65   17,303  $2,823 

Quarter ended July 31, 2021 (a)

  -  $-   -  $2,823 

Total

  3,103,633  $0.38   3,103,633     

 

(a)

These shares of common stock were purchased through a private transaction