Monster beverage corporation waives financing condition for modified dutch auction tender offer to purchase up to $3.0 billion of its outstanding common stock

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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