MainStreet Bancshares, Inc. Announces New \$10 Million Stock Repurchase Program

MainStreet Bancshares, Inc. (NASDAQ: MNSB), the holding company for MainStreet Bank, has announced a significant development that may be of interest to shareholders and investors. On April 24, 2026, the company’s Board of Directors approved a new stock repurchase program (the “New Stock Repurchase Program”), authorizing the repurchase of up to \$10 million in shares of the company’s outstanding common stock.

Key Details of the Stock Repurchase Program

• Size of Repurchase: The program allows for the repurchase of up to \$10.0 million in MainStreet Bancshares, Inc.’s common stock.
• Replacement of Previous Program: This new authorization replaces and supersedes the company’s prior stock repurchase program, which was originally announced on October 21, 2025.
• Repurchase Mechanism: Purchases of shares may occur from time to time, at the discretion of company management, through open market purchases, privately negotiated transactions, or in other manners compliant with applicable laws and regulations.
• Management Discretion: The timing, number, and purchase price of shares repurchased will be determined by management, dependent on various factors such as market price, market and economic conditions, applicable legal requirements, and other relevant considerations.
• No Guarantee of Repurchase: The company notes that there is no assurance any shares will be repurchased under this program.
• Program Flexibility: The New Stock Repurchase Program may be extended, modified, suspended, or discontinued at any time.

Significance and Potential Impact for Shareholders

• Shareholder Value: Stock repurchase programs are often viewed as shareholder-friendly actions. They can enhance shareholder value by reducing the number of shares outstanding, which may increase earnings per share (EPS) and potentially support the share price.
• Signal of Management Confidence: The initiation of a new and larger repurchase program may signal to the market that management believes the company’s stock is undervalued, and is committed to returning capital to shareholders.
• Potential for Share Price Movement: Such announcements can be price sensitive. Investors may interpret the board’s decision as a positive signal regarding the company’s financial health and future prospects, which can impact the stock price.
• Market Considerations: The actual impact on the share price will depend on the execution of the program, overall market conditions, and investor sentiment.

Additional Corporate Information

• Company: MainStreet Bancshares, Inc.
• Address: 10089 Fairfax Boulevard, Fairfax, VA 22030
• Trading Information:
  • Common Stock Ticker: MNSB (Nasdaq)
  • Depositary Shares Ticker: MNSBP (Nasdaq) – each representing a 1/40th interest in a share of 7.50% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock
• Emerging Growth Company: MainStreet Bancshares, Inc. is not classified as an emerging growth company.
• Contact: (703) 481-4567

What Shareholders Need to Know

The authorization of this substantial new share repurchase program is a material event. It could positively affect the company’s share price, is indicative of management’s confidence, and signals the company may have sufficient liquidity to return capital to investors. However, the actual effect will depend on how much of the authorization is used and broader market dynamics.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult their financial advisor before making any investment decisions. The company is not obligated to repurchase any shares, and the program may be altered or terminated at management’s discretion.

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