The company’s shares will start trading under its new name and stock ticker symbol ‘MNST’ when the market opens on 9 January 2012.
At the special meeting, the company’s stockholders also approved an increase in the number of authorised shares of common stock to 240,000,000 shares from 120,000,000 shares.
California-based Hansen Natural Corporation – now Monster Beverage Corporation – markets and distributes a wide range of products from Hansen’s natural sodas to Monster Energy energy drinks.
Source: Monster Natural Corporation
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