UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934





Date of report (Date of earliest event reported) December 20, 2016


BUTLER NATIONAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)

Kansas
(State or Other Jurisdiction of Incorporation)

0-1678
(Commission File Number)
 

41-0834293
(IRS Employer Identification No.)
 

19920 W. 161st Street, Olathe, Kansas
(Address of Principal Executive Offices)
 

66062
(Zip Code)
 

913-780-9595
(Registrant's Telephone Number, Including Area Code)





Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)





   
Item 8.01
Other Events
 
On December 20, 2016, Butler National Corporation ("Butler National") announced that its Board of Directors authorized the repurchase of shares of Butler National common stock in the open market or otherwise, at an aggregate purchase price of up to $500,000. 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, 2018. A copy of the December 20, 2016 press release announcing the stock repurchase is attached as Exhibit 99.1 to this Current Report on Form 8-K.
 
Item 9.01
Financial Statements and Exhibits
 

 
Exhibit 99.1
 
Press release of Butler National Corporation dated December 20, 2016.
   
 




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
BUTLER NATIONAL CORPORATION
(Registrant)
 
December 20, 2016
Date
s/s Clark D. Stewart
Clark D. Stewart
(President and Chief Executive Officer)
 
December 20, 2016
Date
s/s Craig D. Stewart
Craig D. Stewart
(Chief Financial Officer)