02:31 PM EDT, 03/14/2025 (MT Newswires) -- Monster Beverage ( MNST ) on Friday asked shareholders to reject an unsolicited mini-tender offer to acquire 0.2% of its outstanding shares.

The company said it received notice that TRC Capital Investment was offering to purchase 2 million shares at $52.95 apiece.

The offer price is 5.1% less than the company's closing price of $55.77 on Monday, Monster Beverage ( MNST ) said.

The company said it did not endorse the unsolicited mini-tender offer and recommended that its shareholders reject it.

Shares of Monster Beverage ( MNST ) were up 1.7% in recent trading.

Price: 55.25, Change: +0.90, Percent Change: +1.67