Monster Beverage Corporation Waives Financing Condition for Modified Dutch Auction Tender Offer to Purchase Up to $3.0 Billion of Its Outstanding Common Stock

May 29, 2024

https://www.globenewswire.com/news-release/2024/05/29/2890367/10193/en/Monster-Beverage-Corporation-Waives-Financing-Condition-for-Modified-Dutch-Auction-Tender-Offer-to-Purchase-Up-to-3-0-Billion-of-Its-Outstanding-Common-Stock.html

CORONA, Calif., May 29, 2024 (GLOBE NEWSWIRE) — 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.

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