Monster Beverage Board Authorizes $500 Million Share Repurchase Plan
March 13 2020 - 4:58PM
Dow Jones News
By Stephen Nakrosis
Monster Beverage Corp. on Friday said its board authorized a new
share repurchase plan of up to $500 million of its common
stock.
The company said as of March 11, about $536.6 million remains
from previously authorized repurchase programs.
Monster has a market cap of $30.81 billion, 536.9 million shares
outstanding and a public float of 383,63 million shares.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 13, 2020 16:43 ET (20:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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