Today’s Most Important Buybacks

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Monster Beverage (MNST) announced today that its Board of Directors has authorized a new share repurchase program of up to an additional $500.0 million of its outstanding common stock.

California Resources Corporation (CRC) announced that its Board of Directors has increased its share repurchase program by $200 million to $850 million and extended the program through December 31, 2023.

ConocoPhillips (COP) announced that its Board of Directors approved a $20 billion increase in the existing share repurchase program to $45 billion, consistent with the company’s plan for future share repurchases. Since program inception in late 2016, the company has repurchased $20.7 billion in shares.

By Davit Kirakosyan

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