Company: BKTI
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009464
Chunk: 730

Company: BK Technologies Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 730
---
 Inc., to fund past dividends to our stockholders.

      (d) 
      Issuer Purchases of Equity Securities. 

On December 21, 2021, the Company announced that the Board had authorized a share repurchase program which permits the Company to purchase up to an aggregate of $5 million of its common shares. The program does not have an expiration date. Any repurchases would be funded using cash on hand and cash from operations. The actual timing, manner and number of shares repurchased under the program will be determined by management and the Board of Directors at their discretion, and will depend on several factors, including the market price of the Company’s common shares, general market and economic conditions, alternative investment opportunities, and other business considerations in accordance with applicable securities laws and exchange rules. The authorization of the share repurchase program does not require BK to acquire any particular number of shares and repurchases may be suspended or terminated at any time at the Company’s discretion. The Company has not purchased shares of our common stock under this program in 2024 and 2023.

      ISSUER PURCHASES OF EQUITY SECURITIES 

      Total Number of Shares 

      Approximate Dollar Value 

      Purchased as Part of 

      of Shares that May Still be 

      Total Number of 

      Average Price Paid 

      Publicly Announced 

      Purchased Under the 

      Period 
      
      Shares Purchased 

      Per Share 

      Plans or Programs 

      Plans or Programs 

      October 1-31, 2024 

     —

     —

     —

     $
     5,000,000

      November 1-30, 2024 

     —

     —

     —

     $
     5,000,000

      December 1-31, 2024 

     —

     —

     —

     $
     5,000,000

      TOTAL 

     —

     $
     —

     —

     $
     5,000,000

Item 6. [Reserved]

      15

      Table of Contents

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Forward-Looking Statements

We believe that it is important to communicate our future expectations to our security holders and to the public. This report, including any information incorporated by reference in this report, therefore, contains statements about future events and expectations which are “forward-looking statements” within the meaning of Sections 27A of the Securities Act of