Monster Beverage Board authorizes new $500M share repurchase program

Monster Beverage Corp

New $500M repurchase program authorized; $400M remained under previous authorization as of May 14.
All ten incumbent directors re-elected; E&Y ratified as auditor; say-on-pay passed.
Repurchases to occur in open market or private transactions depending on market conditions.
Program may be suspended or discontinued at any time.

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