UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  March 11, 2010

 

Hansen Natural Corporation

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction of incorporation)

 

 

550 Monica Circle Suite 201

Corona, California 92880

(Address of principal executive offices and zip code)

 

(951) 739 - - 6200

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01. Other Events.

 

On March 12, 2010, Hansen Natural Corporation (the “Company”) issued a press release announcing that on March 11, 2010 the Company’s Board of Directors authorized a new repurchase program for the repurchase of up to $200 million of the Company’s outstanding common stock.

 

The Company’s Board of Directors terminated the common stock repurchase program authorized in April 2008, under which the Company had purchased approximately $189.8 million of common stock.

 

A copy of the press release is attached as Exhibit 99.1 hereto.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

The following exhibit is filed herewith:

 

Exhibit 99.1 Press Release dated March 12, 2010.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	Hansen Natural Corporation
Date: March 12, 2010	/s/ Rodney C. Sacks
	Rodney C. Sacks
	Chairman of the Board of Directors
	and Chief Executive Officer

 

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Exhibit 99.1

 

	CONTACTS:	Rodney C. Sacks
		Chairman and Chief Executive Officer
		(951) 739-6200
NEWS
RELEASE		Hilton H. Schlosberg
		Vice Chairman
		(951) 739-6200
		Roger S. Pondel / Judy Lin Sfetcu
		PondelWilkinson Inc.
		(310) 279-5980

 

HANSEN NATURAL CORPORATION

ANNOUNCES $200 MILLION SHARE REPURCHASE PROGRAM

 

Corona, CA— March 12, 2010 — Hansen Natural Corporation (NASDAQ:HANS) today announced that on March 11, 2010 its Board of Directors authorized a new share repurchase program for the repurchase of up to $200 million of the Company’s outstanding common stock.  The Board of Directors terminated the common stock repurchase program authorized in April 2008, under which the Company had purchased approximately $189.8 million of common stock.

 

As of February 12, 2010, Hansen Natural Corporation had 88,160,693 shares of common stock outstanding.

 

Hansen Natural Corporation

 

Based in Corona, California, Hansen Natural Corporation markets and distributes Hansen’s® natural sodas, sparkling beverages, apple juice and juice blends, fruit juice smoothies, multi-vitamin juice drinks in aseptic packaging, iced teas, energy drinks, Junior Juice® juices and water beverages, Blue Sky® brand beverages, Monster Energy® brand energy drinks, Nitrous™ Monster Energy® brand energy drinks, Monster Hitman™ energy shooters, Java Monster™ brand non-carbonated coffee + energy drinks, X-Presso Monster™ brand non-carbonated espresso energy drinks, Lost® Energy™ brand energy drinks, Rumba®, Samba and Tango brand energy juices, Vidration™ brand vitamin enhanced waters and Peace Tea™ iced teas.  For more information visit www.hansens.com and www.monsterenergy.com

 

Forward-Looking Statements

 

Certain statements made in this announcement may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding the expectations of management with respect to our future operating results and other future events including revenues and profitability. Management cautions that these

 

(more)

 

statements are based on management’s current knowledge and expectations and are subject to certain risks and uncertainties, many of which are outside of the control of the Company, that could cause actual results and events to differ materially from the statements made herein. Such risks and uncertainties include, but are not limited to, the following: the current uncertainty and volatility in the national and global economy; changes in consumer preferences; changes in demand due to both domestic and international economic conditions; activities and strategies of competitors, including the introduction of new products and competitive pricing and/or marketing of similar products; actual performance of the parties under the new distribution agreements; potential disruptions arising out of the transition of certain territories to new distributors; changes in sales levels by existing distributors; unanticipated costs incurred in connection with the termination of existing distribution agreements or the transition to new distributors; changes in the price and/or availability of raw materials; other supply issues, including the availability of products and/or suitable production facilities; product distribution and placement decisions by retailers; changes in governmental regulation; political, legislative or other governmental actions or events in one or more regions in which we operate. For a more detailed discussion of these and other risks that could affect our operating results, see the Company’s reports filed with the Securities and Exchange Commission. The Company’s actual results could differ materially from those contained in the forward-looking statements. The Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

 

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