1 unchanged sentence
Principal Market
−Removed: The Company’s common stock trades on the Nasdaq Global Select Market under the same symbol, “MNST”.
+Added: The Company’s common stock trades on the Nasdaq Global Select Market under the symbol, “MNST”.
As of February 19, 2021, there were 528,137,036 shares of the Company’s common stock outstanding held by approximately 188 holders of record.
2 unchanged sentences
We have not paid cash dividends to our stockholders since our inception and do not anticipate paying cash dividends in the foreseeable future.
−Removed: On August 7, 2018, the Company’s Board of Directors authorized a share repurchase program for the purchase of up to $500.0 million of the Company’s outstanding common stock (the “August 2018 Repurchase Plan”).
−Removed: During the year ended December 31, 2019, the Company purchased 2.9 million shares of common stock at an average purchase price of $54.68 per share, for a total amount of $159.6 million (excluding broker commissions), which exhausted the availability under the August 2018 Repurchase Plan.
−Removed: Such shares are included in common stock in treasury in the accompanying consolidated balance sheet at December 31, 2019.
On February 26, 2019, the Company’s Board of Directors authorized a share repurchase program for the purchase of up to $500.0 million of the Company’s outstanding common stock (the “February 2019 Repurchase Plan”).
−Removed: During the year ended December 31, 2019, the Company purchased 8.1 million shares of common stock at an average purchase price of $57.16 per share, for a total amount of $463.3 million (excluding broker commissions), under the February 2019 Repurchase Plan.
+Added: During the year ended December 31, 2020, the Company purchased 0.6 million shares of common stock at an average purchase price of $58.16 per share, for a total amount of $36.6 million (excluding broker commissions), which exhausted the availability under the February 2019 Repurchase Plan.
Such shares are included in common stock in treasury in the accompanying consolidated balance sheet at December 31, 2020.
−Removed: As of February 28, 2020, $36.6 million remained available for repurchase under the February 2019 Repurchase Plan.
On November 6, 2019, the Company’s Board of Directors authorized a new share repurchase program for the purchase of up to $500.0 million of the Company’s outstanding common stock (the “November 2019 Repurchase Plan”).
−Removed: No shares were purchased during the year ended December 31, 2019 under the November 2019 Repurchase Plan.
−Removed: As of February 28, 2020, $500.0 million remained available for repurchase under the November 2019 Repurchase Plan.
+Added: During the year ended December 31, 2020, the Company purchased 9.1 million shares of common stock at an average purchase price of $54.86 per share, for a total amount of $499.9 million (excluding broker commissions), which exhausted the availability under the November 2019 Repurchase Plan.
+Added: Such shares are included in common stock in treasury in the accompanying consolidated balance sheet at December 31, 2020.
+Added: On March 13, 2020, the Company’s Board of Directors authorized a new share repurchase program for the purchase of up to $500.0 million of the Company’s outstanding common stock (the “March 2020 Repurchase Plan”).
+Added: During the year ended December 31, 2020, the Company purchased 1.0 million shares of common stock at an average purchase price of $55.85 per share, for a total amount of $58.5 million (excluding broker commissions), under the March 2020 Repurchase Plan.
+Added: Such shares are included in common stock in treasury in the accompanying consolidated balance sheet at December 31, 2020.
+Added: As of March 1, 2021, $441.5 million remained available for repurchase under the March 2020 Repurchase Plan.
During the year ended December 31, 2020, 0.02 million shares of common stock were purchased from employees in lieu of cash payments for options exercised or withholding taxes due for a total amount of $1.0 million.
−Removed: While such purchases are considered common stock repurchases, they are not counted as purchases against our authorized share repurchase programs.
+Added: While such purchases are considered common stock repurchases, they are not counted as purchases against the Company’s authorized share repurchase programs.
Such shares are included in common stock in treasury in the accompanying consolidated balance sheet at December 31, 2020.
−Removed: The following tabular summary reflects the Company’s repurchase activity during the quarter ended December 31, 2019:
−Removed: Maximum Number (or
−Removed: Approximate Dollar
−Removed: Total Number of
−Removed: Value) of Shares that
−Removed: Shares Purchased
−Removed: May Yet Be Purchased
−Removed: as Part of Publicly
−Removed: Under the Plans or
−Removed: Average Price
−Removed: Announced Plans
−Removed: Oct 1 – Oct 31, 2019
−Removed: November 6, 2019 Authorization
−Removed: Nov 1 – Nov 30, 2019
−Removed: ¹Excluding broker commissions paid.
−Removed: ²Net of broker commissions paid.
+Added: No shares were repurchased during the quarter ended December 31, 2020.
Performance Graph
9 unchanged sentences
The consolidated statements of operations data for the fiscal years ended December 31, 2017 and 2016 and the balance sheet data as of December 31, 2018, 2017 and 2016 are derived from the Company’s audited consolidated financial statements not included herein.
−Removed: (in thousands, except
+Added: (in thousands, except per share information)
Gross profit 1
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.