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LOAN Buyback image

Manhattan Bridge Capital, Inc. Buyback

OLI recorded this information on 11/1/2018

Company: Manhattan Bridge Capital, Inc.
Buyback: LOAN buyback
Share Amount Authorized: 100,000
Buyback Details: Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) 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.

Manhattan Bridge Capital is a real estate finance company that focuses on originating, servicing and managing a portfolio of first mortgage loans. Co. provides short-term, secured, non-banking loans (sometimes referred to as hard money loans), which it may renew or extend on, before or after their initial term expires, 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.
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LOAN — Key Stats (updated 22 hours, 46 minutes ago)
Company Name:  Manhattan Bridge Capital, Inc.
Stock buyback:  LOAN buyback
Website:  www.manhattanbridgecapital.com
Sector:  REITs
Number of ETFs Holding LOAN:  3
Total Market Value Held by ETFs:  $1.90M
Total Market Capitalization:  $58.00M
% of Market Cap. Held by ETFs:  3.28%
 

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April 20, 2024  •  9:19 AM Eastern
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Hold (2.00 out of 4)
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