HF Sinclair Announces $212 Million Share Repurchase from REH Advisors Inc.

HF Sinclair Corporation (DINO) entered into a Stock Purchase Agreement to repurchase 2,375,000 shares of its common stock from REH Advisors Inc. in a privately negotiated transaction. The total purchase price is approximately $212 million, funded with cash on hand.

Key Details

• Agreement: The company will repurchase 2,375,000 shares at a price of $89.41 per share, for an aggregate cost of approximately $212 million.
• Timeline: The agreement was dated August 2, 2026, and the transaction is expected to be completed on or around August 5, 2026.
• Share Repurchase Program: This purchase is made under the company's Share Repurchase Program, which the Board increased by $15 million. After this transaction, approximately $11 million remains authorized under the program.