BuybackMay 15, 2026, 04:07 PM
Monster Beverage Authorizes New $500M Share Buyback Program
AI Summary
Monster Beverage Corporation's Board of Directors has authorized a new share repurchase program for up to an additional $500.0 million of its outstanding common stock. This new authorization supplements the approximately $400.0 million that remained available under the company's previously authorized repurchase program as of May 14, 2026. The company intends to execute these share repurchases periodically through various market transactions, subject to market conditions and applicable regulations.
Key Highlights
- Monster Beverage Board authorized a new share repurchase program for up to an additional $500.0 million.
- Approximately $400.0 million remained available under the previously authorized repurchase program as of May 14, 2026.
- The company expects to make share repurchases from time to time in the open market.
- Repurchases may also occur through privately-negotiated transactions or block-purchases.
- Timing of repurchases depends on market conditions and may be suspended or discontinued.
Price Impact
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