Monster Beverage (MNST) Approves New $250 Million Share Repurchase Program

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Go back to Monster Beverage (MNST) Approves New $250 Million Share Repurchase Program

Monster Beverage Board Authorizes New $250 Million Share Repurchase Program

March 1, 2018 2:30 PM EST

CORONA, Calif., March 01, 2018 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today announced that its Board of Directors has authorized a new share repurchase program for the repurchase of up to $250 million of the Companys outstanding common stock. As $250 million remains available for grant under the Companys prior repurchase plan, the aggregate amount available to repurchase the Companys common stock is currently $500 million. The Company expects the share repurchases to be made from time to time in the open market or through privately negotiated transactions, or otherwise, subject to applicable laws,... More