BUKS news

Butler National Corp's board authorized a $10 million increase to its stock repurchase program, bringing total authorization to $11.9 million. The action signals confidence in the company's long-term prospects and capital allocation strategy.

Butler National Corp reported fiscal 2027 first-quarter revenue of $30.8 million, a 53% increase year-over-year. The company also achieved a 24% operating margin.

Butler National Corp reported record operating income of $28.5 million and record earnings per share of $0.34, driven by strong aerospace segment performance. The results highlight successful strategic execution and efficient capital allocation amidst the recovering MRO market.

Butler National's CEO Christopher Reedy announced his retirement effective June 15, 2026, transitioning to a Special Advisor role through July 1, 2027 to facilitate an orderly leadership transition. The move represents planned executive succession at the Kansas-based corporation.

Butler National CEO Christopher Reedy announced he is undergoing a new course of medical treatment following Mayo Clinic consultations related to his 2019 cancer diagnosis. Reedy stated he will continue serving as CEO despite periodic absences, with the company expressing confidence in its leadershi…