Monster Board Approves $250 Million Buy Back in Outstanding Stock
date:Nov 14, 2012
disappointing Wall Street expectations for the company, which had slating earnings of $.55.

The stock repurchase program is likely an attempt to buffer Monsters sagging share price which has has been significantly impacted by an investigation by the New York state attorney generals office into its marketing practices as they relate to the caffeine content in its products, as well as a highly publicized lawsuit alleging that flagship energy drink contributed to the death of a Maryland teenager
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