8-K filed May 15, 2026
Monster Beverage authorizes $500M for stock buybacks
“Corona, CA – May 15, 2026 – Monster Beverage Corporation (NASDAQ:MNST) today announced that its Board of Directors has authorized a new share repurchase program for the repurchase of up to an additional $500.0 million of the Company’s outstanding common stock.”
From Monster Beverage’s 8-K filed May 15, 2026 · read the filing · all documents
How big is it?
Monster Beverage bought back $221M of stock in the twelve months to Jun 30, 2026. At that pace, $500M covers about 2.3 years of buybacks.
The amount equals 24% of its free cash flow over the same twelve months ($2.1B).
Its diluted share count is up 0.5% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q3 '23 | $397.3M |
| Q4 '23 | $170.9M |
| Q1 '24 | $120.2M |
| Q2 '24 | $3.1B |
| Q3 '24 | $535.7M |
| Q4 '24 | $1.7M |
| Q1 '25 | $16.6M |
| Q2 '25 | $0 |
| Q3 '25 | $27.3M |
| Q4 '25 | $59.7M |
| Q1 '26 | $134.0M |
| Q2 '26 | $8,000 |