BK Technologies Corporation filed a Form 8-K on November 12, 2026, disclosing that its Board of Directors authorized a $5.0 million increase to its existing share repurchase program on November 11, 2026, bringing the total authorized amount to $10.0 million.

Key Highlights

  • Increased authorization: The Board approved an additional $5.0 million for share repurchases on November 11, 2026, raising the total program authorization to $10.0 million.
  • Original program: The repurchase program was originally announced on December 21, 2021, with an initial authorization of $5.0 million.
  • Shares repurchased to date: As of November 11, 2026, the company had repurchased approximately $1.6 million of Common Stock under the program.
  • Remaining availability: After the increase, approximately $8.4 million remains available for future repurchases under the program.
  • No expiration date: The repurchase program does not have an expiration date and may be suspended or terminated at the company's discretion.
  • Funding source: Any repurchases would be funded using cash on hand and cash from operations, according to the filing.

BK Technologies Expands Repurchase Program to $10.0 Million Total

According to the Form 8-K filed with the SEC on November 12, 2026, the Board of Directors of BK Technologies Corporation (NYSE American:BKTI) voted on November 11, 2026, to increase the company's existing share repurchase program by $5.0 million. The Common Stock subject to repurchase carries a par value of $0.60 per share. The program was first established on December 21, 2021, when the Board authorized repurchases of up to $5.0 million of the company's Common Stock.

The filing disclosed that, as of November 11, 2026, the company had repurchased approximately $1.6 million of Common Stock under the program. Following the newly authorized increase, the remaining capacity available for future repurchases stands at approximately $8.4 million. The company disclosed that repurchases may be carried out through open market purchases, accelerated share repurchase transactions, negotiated block transactions, Rule 10b5-1 plans, transactions structured through investment banking institutions, privately negotiated transactions, or a combination of these methods.

The filing noted that "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 factors including the market price of the Common Stock, general market and economic conditions, alternative investment opportunities, and other business considerations, in accordance with applicable securities laws and exchange rules. The company further disclosed that the authorization "does not require the Company to acquire any particular number of shares and repurchases may be suspended or terminated at any time at the Company's discretion." The report was signed by Scott A. Malmanger, Chief Financial Officer, on behalf of the registrant.

What Was Disclosed

BK Technologies Corporation reported a $5.0 million addition to its share repurchase program, raising the total to $10.0 million. With approximately $1.6 million already repurchased since the program's 2021 inception, roughly $8.4 million remains available, with no expiration date set.