Stocks BKTI

BK Technologies Corporation Increases Share Repurchase Program to $10.0 million

On November 11, 2026, the Board of Directors of BK Technologies Corporation authorized an increase of $5.0 million to the Company’s existing share repurchase program. This increase brings the total amount authorized for repurchases up to $10.0 million of the Company’s common stock, par value $0.60 per share. The program was originally announced on December 21, 2021, and authorized the Company to purchase up to an aggregate of $5.0 million of its Common Stock.

As of November 11, 2026, the Company had repurchased an aggregate of approximately $1.6 million of shares of Common Stock under the Repurchase Program. After giving effect to the increase, approximately $8.4 million remains available for future repurchases under the Repurchase Program.

The Repurchase Program does not have an expiration date, and any repurchases would be funded using cash on hand and cash from operations. The actual timing, manner, and number of shares repurchased under the Repurchase Program will be determined by management and the Board at their discretion and will depend on several factors, including the market price of the Common Stock, general market and economic conditions, alternative investment opportunities, and other business considerations.

View the company filing on SEC.gov

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This story originally appeared on Fintel.

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