Hansen Natural Board Authorizes New $250 Million Share Repurchase Program
13 10월 2011 - 5:30AM
Hansen Natural Corporation (Nasdaq:HANS) today announced that its
Board of Directors has authorized a new share repurchase program
for the repurchase of up to $250 million of the Company's
outstanding common stock. As of October 5, 2011, there was no
availability remaining under the $200 million repurchase program
previously authorized in March 2010.
Hansen Natural Corporation
Based in Corona, California, Hansen Natural Corporation markets
and distributes Hansen's® natural sodas, apple juice and juice
blends, fruit juice smoothies, multi-vitamin juices, iced teas,
energy drinks, Junior Juice® beverages, Blue Sky® beverages,
Monster Energy® energy drinks, Monster Energy® Extra Strength
Nitrous Technology™ energy drinks, Java Monster® non-carbonated
coffee + energy drinks, X-Presso Monster™ non-carbonated espresso
energy drinks, Monster Rehab™ non-carbonated rehydration energy
drinks, Peace Tea® iced teas, Worx Energy™ energy shots, Vidration®
brand vitamin enhanced waters, Admiral® iced teas and Hubert's™
Lemonades. For more information visit www.hansens.com and
www.monsterenergy.com.
Forward-Looking Statements
Certain statements made in this announcement may constitute
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Management cautions
that these statements are based on management's current knowledge
and expectations and are subject to certain risks and
uncertainties, many of which are outside of the control of the
Company, that could cause actual results and events to differ
materially from the statements made herein. For a more detailed
discussion of the risks that could affect our operating results,
see the Company's reports filed with the Securities and Exchange
Commission. The Company's actual results could differ materially
from those contained in the forward-looking statements, including
with respect to the repurchase program. The manner, price, number
and timing of share repurchases will be subject to a variety of
factors, including market conditions and applicable U.S. Securities
and Exchange Commission rules. The Company assumes no obligation to
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
CONTACT: Rodney C. Sacks
Chairman and Chief Executive Officer
(951) 739-6200
Hilton H. Schlosberg
Vice Chairman
(951) 739-6200
Roger S. Pondel / Judy Lin Sfetcu
PondelWilkinson Inc.
(310) 279-5980
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