California-based soft drinks producer Hansen Natural Corp. has announced that its board has approved the increase of its current US$50m stock repurchase programme to $75m.

The company, whose brands include Hansen's Natural Sodas, Signature Sodas, E20 Energy Water and Monster Energy drinks, has already bought some $27.7m shares under the programme which it initiated last November. It had 90m common shares outstanding on 12 September.