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Monster Beverage (MNST) authorizes a new $200M share repurchase program after tapping out its...

Monster Beverage (MNST) authorizes a new $200M share repurchase program after tapping out its previous $250M repurchase program.
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Comments (2)
  • Christopher F. Davis
    , contributor
    Comments (1448) | Send Message
     
    Of course I had just bought puts against it yesterday afternoon before the announcement. Lost money long on it, losing money short. Oh well they cant all be winners. Glad the company is doing something for shareholders...but wouldnt a dividend be so much better?
    9 Apr 2013, 10:05 AM Reply Like
  • youngjayhova
    , contributor
    Comments (22) | Send Message
     
    They should have authorized the buyback when it was trading below $50 a share last week. I guess now is better than if the shares reach +$55 or +$60. Glad about the buyback but not at all with the timing.
    9 Apr 2013, 12:16 PM Reply Like
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