Note 11 - Stock Repurchase Program

12 Months Ended

Apr. 30, 2022

Notes to Financial Statements

Treasury Stock [Text Block]

11. 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, 2023.

The table below provides information with respect to common stock purchases by the Company during the year ended April 30, 2022.

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							$	4,000
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
Quarter ended October 31, 2021 (a)		6,290	$	0.62		6,290	$	2,819
Quarter ended January 31, 2022 (a)		-	$	-		-	$	2,819
Quarter ended April 30, 2022 (a)		180,503	$	0.91		180,503	$	2,655
Total		3,290,426	$	0.41		3,290,426

(a) These shares of common stock purchased were purchased through private transactions