other material
confidence high
sentiment positive
materiality 0.50
Manhattan Bridge Capital authorizes buyback of up to 100,000 shares
MANHATTAN BRIDGE CAPITAL, INC
- Board authorized repurchase of up to 100,000 common shares over 12 months.
- CEO Assaf Ran cites recent stock price decline as an opportunity to buy.
- Buyback may be executed via open market or private transactions at company's discretion.
- Company highlights low leverage, management commitment, and strong track record.