DINO Announces $233M Privately Negotiated Share Repurchase from REH Advisors

HF Sinclair Corporation (DINO) entered into a stock purchase agreement to repurchase 2.1 million shares of its common stock for approximately $233 million in a privately negotiated transaction. The shares will be acquired from REH Advisors Inc. and the purchase will be funded with cash on hand.

Key Details

• Transaction Terms: The company agreed to repurchase 2,100,000 shares at a price of $110.81 per share, resulting in an aggregate purchase price of approximately $233 million.
• Timeline & Agreement: The stock purchase agreement was dated November 3, 2026, with the transaction expected to be completed on or around November 6, 2026.
• Repurchase Program Status: This transaction is part of the company's previously announced $1.5 billion share repurchase program. Including this purchase, the company has repurchased $1 billion in stock, leaving approximately $493 million available under the program.