Manhattan Bridge Capital lifts buyback authorization to 250,000 shares from 100,000, extends term 12 months

MANHATTAN BRIDGE CAPITAL, INC

Board approved raising the aggregate shares authorized for repurchase under the existing Share Buyback Program to 250,000 common shares from 100,000, a 150% increase.
Program term extended for an additional 12 months, expiring 12 months from the date of the Board's approval of the extension.
Repurchases may be executed via open market transactions, privately negotiated transactions or otherwise; the program does not obligate the company to purchase any shares.
Authorization may be terminated, increased or decreased by the Board at its discretion at any time; announcement dated October 9, 2026, signed by CEO Assaf Ran.

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