The company said its Board of Directors on August 19, 2024 authorized a new repurchase program for up to $500.0 million of its outstanding common stock.

8-KOther EventsFiled Aug 19, 2024Period of report Aug 19, 2024Summary published (UTC) Oct 29, 2026

Key points

AI summary

The company said its Board of Directors on August 19, 2024 authorized a new repurchase program for up to $500.0 million of its outstanding common stock.
The company said that as of August 19, 2024, no amount remained available for repurchase under its previously authorized repurchase program.
The company said it expects to make share repurchases from time to time in the open market, through privately negotiated transactions, by block purchases or through other transactions managed by broker-dealers, or otherwise, subject to applicable laws, regulations and approvals.
The company said the timing of share repurchases will depend on a variety of factors, including market conditions, and that repurchases may be suspended or discontinued at any time.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Monster Beverage Authorizes New $500.0 million Share Repurchase Program

The company said its Board of Directors on August 19, 2024 authorized a new repurchase program for up to $500.0 million of its outstanding common stock.

Source · Based on the filing body and exhibits

No Remaining Capacity Under Prior Repurchase Program

The company said that as of August 19, 2024, no amount remained available for repurchase under its previously authorized repurchase program.

Source · Based on the filing body and exhibits

Repurchase Methods and Conditions

The company said it expects to make share repurchases from time to time in the open market, through privately negotiated transactions, by block purchases or through other transactions managed by broker-dealers, or otherwise, subject to applicable laws, regulations and approvals.

Source · Based on the filing body and exhibits

Repurchase Timing and Possible Suspension

The company said the timing of share repurchases will depend on a variety of factors, including market conditions, and that repurchases may be suspended or discontinued at any time.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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