Motorcar Parts of America Raises Share Buyback Program to $57 Million

MT Newswires Live
2025/12/08

Motorcar Parts of America (MPAA) said Monday that its board has approved an increase in its share repurchase authorization to $57 million, up from the prior $37 million limit.

The company said it currently has about 19.6 million shares outstanding.

Shares of Motorcar Parts of America rose 7.5% in recent trading.

Price: 13.70, Change: +0.96, Percent Change: +7.54

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