Mp materials announces increase to its share repurchase program

Las vegas--(business wire)---- $mp #rareearth--mp materials corp. (nyse: mp) (“mp materials” or the “company”) today announced that its board of directors has approved a $300 million increase to the company's existing share repurchase program, bringing the total authorized amount to $600 million. the share repurchase program has also been extended and is now effective until august 30, 2026. subsequent to the most recent earnings announcement on august 1, 2024, mp materials repurchased 1.4% of the company, or appr.
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