Monster Beverage has had its share of recent travails

Monster Beverage has had its share of recent travails

Monster Beverage has doubled the size of its share buy-back programme to US$500m, the company said today (14 Aug).

The move comes as the energy drinks company struggles with a falling share price despite strong growth in H1 results last week. 

Monster also revealed last week it has received a subpoena from a US state attorney over its flagship energy drink. 

To read a just-drinks analysis of recent Monster Beverage coverage, click here.