MONSTER BEVERAGE CORP : Other Events, Financial Statements and Exhibits (form 8-K)
March 13, 2020 at 04:52 pm EDT
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Item 8.01. Other Events.
On March 13, 2020, the Board of Directors of Monster Beverage Corporation (the
"Company") authorized a new repurchase program for the repurchase of up to
$500.0 million of the Company's outstanding shares of common stock. As of March
11, 2020, approximately $536.6 million remained available for repurchase under
the Company's previously authorized repurchase programs. The Company expects to
make the share repurchases from time to time in the open market, through
privately-negotiated transactions, by block-purchase or through other
transactions managed by broker-dealers, or otherwise, subject to applicable
laws, regulations and approvals. The timing of the share repurchases will depend
on a variety of factors, including market conditions, and the share repurchases
may be suspended or discontinued at any time.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press Release dated March 13, 2020.
The cover page from this Current Report on Form 8-K, formatted in iXBRL
Exhibit 104 (Inline eXtensible Business Reporting Language).
Monster Beverage Corporation specializes in the development and marketing of beverages. Net sales break down by product family as follows:
- energy drinks (98%): primarily carbonated and non-carbonated energy drinks (Monster Energy®, Monster Energy Ultra®, Monster Rehab®, Monster Energy® Nitro, Java Monster®, Punch Monster®, Juice Monster®, Monster Hydro®, Monster Super Fuel®, Monster Dragon Tea®, Reign Total Body Fuel®, Reign Inferno®, Reign Storm®, True North®, NOS®, Full Throttle®, Burn®, Mother®, Nalu®, Ultra Energy®, Play®, Power Play®, Relentless®, BPM®, BU®, Gladiator®, Samurai®, Live+®, Predator®, Fury®, etc. brands);
- alcoholic beverages (1.6%): primarily beers, hard seltzers and flavored malt beverages (Cigar City®, Oskar Blues®, Deep Ellum®, Squatters®, Wild Basin®, Wasatch®, Perrin®, The Beast Unleashed®, etc. brands);
- other (0.4%).
Products are made and bottled by sub-contractors.
Net sales are distributed geographically as follows: the United States and Canada (65.2%), Europe/Middle East/Africa (19.5%), Latin America and Caribbean (8.1%) and Asia/Pacific (7.2%).
MONSTER BEVERAGE CORPORATION 
