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Reported Earlier, Monster Beverage Waives Financing Condition For $3B Stock Repurchase Via Dutch Auction Tender Offer

Author: Benzinga Newsdesk | May 30, 2024 03:03am

 Monster Beverage Corporation ("Monster") (NASDAQ:MNST) today announced that it is amending its previously announced modified "Dutch auction" tender offer to purchase shares of its common stock for cash at a price per share of not less than $53.00 and not greater than $60.00, for a maximum aggregate purchase price of up to $3.0 billion. The tender offer commenced on May 8, 2024, and will expire at 11:59 p.m., New York City time, on June 5, 2024, unless extended or earlier terminated by Monster.

Posted In: MNST


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