secwatch.observer — SEC 8-K summary
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Issuer:     HF Sinclair Corp (DINO)
CIK:        0001915657
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001193125-23-257907
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HF Sinclair repurchases 1.38M shares at $54.48 from major stockholder REH Company for $75M
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- Repurchases 1,376,652 shares at $54.48 per share from REH Company for total $75 million.
- Transaction is the 12th privately negotiated repurchase with REH Company, which holds ~13% of DINO shares.
- Funded with cash on hand; shares to be held as treasury.
- Repurchase is under previously authorized $1B program; total repurchases to date including this are ~$250M.
- Expected to close on or around October 20, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1915657/000119312523257907/0001193125-23-257907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1915657/000119312523257907/d568160d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-257907

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