Monster Beverage Corporation (NASDAQ:MNST) Files An 8-K Other EventsItem 8.01. Other Events.
On May30, 2018, Monster Beverage Corporation (the “Company”) issued a press release announcing that the Company’s Board of Directors has authorized a new share repurchase program for the repurchase of up to $500 million of the Company’s outstanding common stock. There is no availability remaining under the previously authorized $250 million share repurchase program. 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, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market conditions, and share repurchases may be suspended or discontinued at any time.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
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Exhibit99.1 |
Press Release dated May30, 2018. |