MP Materials Corp. (MP) Share Buybacks
The buybacks for MP Materials Corp. (MP) is $225.07 Million with a year-over-year change of +3032.47%. Share buybacks (stock repurchases) represent cash spent by the company to buy back its own shares in the open market, reducing shares outstanding and returning capital to shareholders.
MP Buybacks Chart
Current Buybacks
$225.07M
$225.07 Million
Year-over-Year Change
+3032.47%
vs. $7.18M prior year
Historical Data
5
Years of data available
Annual Buybacks History
| Year | Buybacks | YoY Change | % Change |
|---|---|---|---|
| 2024 | $225.07M | +$217.88M | +3032.47% |
| 2023 | $7.18M | $-11.17M | -60.86% |
| 2022 | $18.36M | +$15.03M | +451.26% |
| 2021 | $3.33M | +$2.33M | +234.34% |
| 2020 | $996,000 | — | — |
About MP Materials Corp.
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- James Henry Litinsky