{"id":830549,"date":"2025-03-27T08:35:08","date_gmt":"2025-03-27T12:35:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\/"},"modified":"2025-03-27T08:35:08","modified_gmt":"2025-03-27T12:35:08","slug":"motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\/","title":{"rendered":"Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMotorcar Parts of America, Inc. <b>(Nasdaq: MPAA)<\/b> today announced the company has adopted a written trading plan under Rule 10b5-1 of the Securities and Exchange Commission rule to facilitate share repurchases under its current $37 million authorized program, with $16.2 million available as of December 31, 2024.\n<\/p>\n<p>\nAs disclosed in the company\u2019s 10-Q filing for its fiscal third quarter ended December 31, 2024, the company repurchased 268,130 shares for $2.1 million at an average share price of $7.82 during the open trading window.\n<\/p>\n<p>\nThe adoption of a 10b5-1 plan allows Motorcar Parts of America the ability to repurchase shares when it would be ordinarily restricted from purchases due to blackout periods or being in possession of material non-public information.\n<\/p>\n<p>\nUnder the rules of the 10b5-1 plan, the company may commence share repurchases as permitted and continue until it reaches the limits of its authorized 10b5-1 plan. The 10b5-1 share repurchases are subject to certain price, market, volume and timing constraints specified in the plan. The company may terminate the plan at any time. It is not required to purchase shares and there can be no assurance that any shares will be repurchased.\n<\/p>\n<p><b>About Motorcar Parts of America<\/b><\/p>\n<p>\nMotorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts &#8212; including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the company\u2019s electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train \u2013 providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems. Additional information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.motorcarparts.com&amp;esheet=54229480&amp;newsitemid=20250327636776&amp;lan=en-US&amp;anchor=www.motorcarparts.com&amp;index=1&amp;md5=4e404a2d1d4ed9c35faf4cf339c93edb\">www.motorcarparts.com<\/a>.\n<\/p>\n<p><i>The Private Securities Litigation Reform Act of 1995 provides a \u201csafe harbor\u201d for certain forward-looking statements. The statements contained in this press release that are not historical facts are forward-looking statements based on the company\u2019s current expectations and beliefs concerning future developments and their potential effects on the company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the company) and are subject to change based upon various factors. Reference is also made to the Risk Factors set forth in the company\u2019s Form 10-K Annual Report filed with the Securities and Exchange Commission (SEC) in June 2024 and in its Forms 10-Q filed with the SEC for additional risks and uncertainties facing the company. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327636776r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250327636776\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250327636776\/en\/<\/a><\/span><\/p>\n<p>\nGary S. Maier<br \/>\n<br \/>Vice President, Corporate Communications &amp; IR<br \/>\n<br \/>(310) 972-5124\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Aftermarket Retail Automotive Automotive Manufacturing Other Retail EV\/Electric Vehicles Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced the company has adopted a written trading plan under Rule 10b5-1 of the Securities and Exchange Commission rule to facilitate share repurchases under its current $37 million authorized program, with $16.2 million available as of December 31, 2024. As disclosed in the company\u2019s 10-Q filing for its fiscal third quarter ended December 31, 2024, the company repurchased 268,130 shares for $2.1 million at an average share price of $7.82 during the open trading window. The adoption of a 10b5-1 plan allows Motorcar Parts of America the ability to repurchase shares when it would be ordinarily restricted from purchases due &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-830549","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced the company has adopted a written trading plan under Rule 10b5-1 of the Securities and Exchange Commission rule to facilitate share repurchases under its current $37 million authorized program, with $16.2 million available as of December 31, 2024. As disclosed in the company\u2019s 10-Q filing for its fiscal third quarter ended December 31, 2024, the company repurchased 268,130 shares for $2.1 million at an average share price of $7.82 during the open trading window. The adoption of a 10b5-1 plan allows Motorcar Parts of America the ability to repurchase shares when it would be ordinarily restricted from purchases due &hellip; Continue reading &quot;Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-27T12:35:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327636776r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan\",\"datePublished\":\"2025-03-27T12:35:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\\\/\"},\"wordCount\":557,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250327636776r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/motorcar-parts-of-america-adopts-10b5-1-share-repurchase-plan\\\/\",\"name\":\"Motorcar Parts of America Adopts 10b5-1 Share Repurchase Plan - 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