Filing summary
Business context and reporting period
Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) filed this Form 8-K concerning its share buyback program. The report is dated October 8, 2026; the company announced the Board’s action on October 9, 2026.
Key financial metrics
The filing provides no revenue, profit, cash flow, margin, debt, liquidity, or other operating financial results.
Material change
The Board increased the aggregate number of common shares authorized for repurchase under the existing program from 100,000 to 250,000 and extended the program for an additional 12 months. Repurchases may occur through open-market transactions, privately negotiated transactions, or other means.
Outlook, risks, and contingencies
The program does not require the company to purchase any shares. It expires 12 months from the date the Board approved the extension. The Board may terminate, increase, or decrease the authorization at any time.
Investor facts to verify
- The Board approval date and resulting expiration date; the filing does not state the approval date explicitly.
- Whether the company makes repurchases, and the number of shares and prices involved.
- Any subsequent changes to the authorization or program.