Manhattan Bridge Capital, Inc. increased the number of shares authorized for repurchase from 100,000 to 250,000 and extended the program for an additional year.
Why it matters. The company's decision to increase and extend its share repurchase program may impact its stock price and shareholder value.
from 100,000 to 250,000 common shares
properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida.
Manhattan Bridge Capital, Inc. offers short-term secured, non–banking loans (sometimes referred to as “hard money” loans) to real estate investors
Manhattan Bridge Capital, Inc. offers short-term secured, non–banking loans (sometimes referred to as “hard money” loans) to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area, includ…
Manhattan Bridge Capital, Inc. (Nasdaq: <u>LOAN</u>)
an increase in interest rates may impact our profitability
our loan origination activities, revenues and profits are limited by available funds
we operate in a highly competitive market
extended the program for an additional twelve months.
Manhattan Bridge Capital, Inc. offers short-term secured, non–banking loans (sometimes referred to as “hard money” loans) to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area, includ…
GREAT NECK, N.Y., Oct. 09, 2026 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: <u>LOAN</u>) announced that its Board of Directors has approved an increase in the aggregate number of shares authorized for repurchase under its existing common share repurchase progra…
