Neo Performance Materials stock surges on buyback plan
Investing.com -- Shares of Neo Performance Materials Inc (TSX:NEO) climbed 7.1% following the announcement of a Normal Course Issuer Bid (NCIB) and the commencement of trading on the OTCQX market. The Toronto-based company, specializing in advanced rare earth materials, revealed that the Toronto Stock Exchange (TSX) has accepted its notice to repurchase up to 3,297,296 of its common shares, representing approximately 10% of the public float as of May 30, 2025.