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Note 9 - Stock Repurchase Program
 6 Months Ended
Oct. 31, 2018
Notes to Financial Statements  
Treasury Stock [Text Block]
9.
Stock Repurchase Program
 
The Board of Directors approved a stock purchase program authorizing the repurchase of up to
$750
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, 2019.
 
The table below provides information with respect to common stock purchases by the Company through
October 31, 2018.
 
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
  
Program authorization
    
 
      
 
      
 
     $
750
  
Quarter ended January 31, 2017 (a)
    
49,920
     $
0.20
      
49,920
     $
740
  
Quarter ended April 30, 2017
    
80,426
     $
0.27
      
80,426
     $
718
  
Quarter ended July 31, 2017
    
-
     $
-
      
-
     $
718
  
Quarter ended October 31, 2017
    
8,607
     $
0.30
      
8,607
     $
715
  
Quarter ended January 31, 2018 (a)
    
536,058
     $
0.26
      
536,058
     $
576
  
Quarter ended April 30, 2018 (a)
    
178,526
     $
0.25
      
178,526
     $
531
  
Quarter ended July 31, 2018 (a)
    
25,277
     $
0.26
      
25,277
     $
525
  
Quarter ended October 31, 2018 (a)
    
480,855
     $
0.30
      
480,855
     $
381
  
Total
    
1,359,669
     $
0.27
      
1,359,669
      
 
  
(a) These shares of common stock purchased were purchased through private transactions.