Monster Beverage Board Authorizes New $500 Million Share Repurchase Program
Monster Beverage Corporation's board of directors has authorized a new share repurchase program, allowing for the buyback of up to an additional $500 million of the company's common stock. Repurchases will be made from time to time on the open market.
Monster Beverage Corporation announced on May 15, 2026, that its Board of Directors has authorized a new share repurchase program. The program allows for the repurchase of up to $500 million of the company's outstanding common stock.
As of May 14, 2026, approximately $400 million remained available under a previously authorized repurchase program. The company stated that repurchases will be made from time to time in the open market, through privately negotiated transactions, block purchases, or other means, subject to market conditions and applicable laws.
Monster Beverage Corporation, headquartered in Corona, California, is a global company primarily known for its extensive line of energy drinks, including brands such as Monster Energy®, Monster Energy Ultra®, and Juice Monster®. The company also markets other beverages.
The authorization of a new repurchase program reflects the board's confidence in the company's financial position and its commitment to returning value to shareholders. The company noted that repurchases may be suspended or discontinued at any time.