Monster Beverage announced that its board has approved and declared a 2-for-1 split of its common stock that will be effected in the form of a 100% stock dividend. Each stockholder of record on March 13 will receive a dividend of one additional share of common stock for each then-held share, to be distributed after close of trading on March 27. The company anticipates its common stock to begin trading at the split-adjusted price on March 28.
Published first on TheFly
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