Monster Beverage board authorizes new $500M share repurchase program

Monster Beverage Corp

Board authorized up to $500M in share buybacks; prior program fully exhausted as of Aug 19, 2024.
Repurchases may occur in open market, privately-negotiated transactions, or block trades.
Timing depends on market conditions; program may be suspended or discontinued at any time.
Authorization adds to the company's capital return without altering dividend policy.
No additional liquidity or debt changes disclosed in connection with the program.

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