HF Sinclair Corporation announced its Board of Directors has authorized a new $1.5 billion share repurchase program, effective August 26, 2026. This new authorization replaces all previous share repurchase programs.
Key Details
- Authorization Amount: $1.5 billion.
- Effective Date: August 26, 2026.
- Replaces Prior Program: The new program supersedes a prior authorization from May 2024, which had approximately $11 million remaining.
- Execution: Repurchases may be conducted through open market or privately negotiated transactions and the program can be discontinued at any time by the Board.