---
schema_version: "secwatch.filing_event.v1"
accession: "0001801368-24-000073"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:39:47.223958+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MP Materials boosts share repurchase program by $300M to $600M, extends through Aug 2026

## Summary
- Board approved $300M increase, raising total authorization to $600M; program extended to August 30, 2026.
- Since Aug 1, 2024, repurchased ~2.2M shares (1.4% of company) at avg price of $10.84.
- Total 2024 repurchases: ~8.6% of shares outstanding for $225.1M.
- CEO cites confidence in long-term asset value and fortress balance sheet for opportunistic buybacks.

## SEC filing metadata
- accession: 0001801368-24-000073
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801368/000180136824000073/0001801368-24-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000180136824000073/mp-20240903.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801368-24-000073
- JSON: https://secwatch.observer/filing/0001801368-24-000073.json
- Plain text: https://secwatch.observer/filing/0001801368-24-000073.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.