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MPAA Buyback image

Motorcar Parts of America, Inc. Buyback

OLI recorded this information on 3/27/2017

Company: Motorcar Parts of America, Inc.
Buyback: MPAA buyback
$Amount Authorized: $15,000,000
Buyback Details: Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced its board of directors has authorized a share repurchase program increase to $15.0 million of the company's outstanding common stock from time to time in the open market and in private transactions at prices deemed appropriate by management.

Motorcar Parts of America is a supplier of automotive aftermarket non-discretionary replacement parts and test solutions and diagnostic equipment. Co.'s segments are: Hard Parts, which includes light duty rotating electric products such as alternators and starters, wheel hub products, brake-related products, brake master cylinders, and turbochargers; Test Solutions and Diagnostic Equipment, which includes applications for combustion engine vehicles and diagnostic equipment for the pre- and post-production of electric vehicles; and Heavy Duty, which includes non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, and agricultural applications.
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MPAA — Key Stats (updated Fri., Apr. 26, 10:39 AM)
Company Name:  Motorcar Parts of America Inc
Stock buyback:  MPAA buyback
Website:  www.motorcarparts.com
Sector:  Auto Parts
Number of ETFs Holding MPAA:  5
Total Market Value Held by ETFs:  $5.03M
Total Market Capitalization:  $109.00M
% of Market Cap. Held by ETFs:  4.62%
 

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April 28, 2024  •  8:57 AM Eastern
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Strong Buy (4.00 out of 4)
85th percentile
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