** Shares of beverage maker Vita Coco COCO.O rise 7.5% to $33.87
** Co posts Q1 revenue of $131 million, exceeding analysts' average estimate of $125.49 million, according to data compiled by LSEG
** COCO reaffirms annual revenue forecast of between $555 million and $570 million
** Co says its board has authorized an additional $25 million worth of shares to its existing repurchase program
** Including session's moves, COCO stock down 14.5% YTD
(Reporting by Padmanabhan Ananthan)
((Padmanabhan.Ananthan@thomsonreuters.com))
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