Business
Manhattan Bridge Capital, Inc. Announces the Buy-back of up to 100,000 of its Common Shares
Great Neck, NY, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq: LOA...
About this update from Pegasus Mercantile Inc.
[{"type":"text","content":"Manhattan Bridge Capital, Inc. Announces the Buy-back of up to 100,000 of its Common Shares\n\n\n\n Great Neck, NY, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq:\n \n\n LOAN\n \n\n ) announced that its Board of Directors has authorized a common stock repurchase plan allowing the buyback of up to 100,000 common shares in market or off-market transactions at prevailing prices over the next twelve months.\n \n\n The manner, timing and number of shares purchased will be at the Company’s discretion.\n \n\n Assaf Ran, Chairman of the Board and Chief Executive Officer stated, “I believe that the recent dramatic decline in our stock price creates an opportunity for the Company purchase the stock. I also believe that our extraordinary low leverage, the unusual personal commitment of our management, together with our impressive performances and track record even in troubled times, support our decision to implement a repurchase program and reflect our confidence in the Company’s business and future prospects.”\n \n\n\n About Manhattan Bridge Capital, Inc.\n \n\n\n 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, including New Jersey and Connecticut, and in Florida. We operate the web site:\n \n\n\n https://www.manhattanbridgecapital.com\n \n\n\n .\n \n\n\n Forward Looking Statements\n \n\n\n\n This press release and the statements of the Company’s representatives related thereto contain or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as “plan,” “project,” “potential,” “seek,” “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate,” or “continue” are intended to identify forward-looking state...