other material
confidence high
sentiment positive
materiality 0.65
HF Sinclair repurchases 960,061 shares from REH Advisors for $50M at $52.08/share
HF Sinclair Corp
- Repurchased 960,061 shares of common stock from REH Advisors Inc. for $50M ($52.08/share) in a privately negotiated deal.
- This is the 19th such transaction with REH Advisors; Audit Committee approved as an interested transaction.
- Part of the existing $1B share repurchase program; total repurchased to date is $466.3M.
- Closing expected on or shortly after Nov 6, 2025; purchase funded with cash on hand.
- REH Advisors beneficially owned ~7.67% of outstanding shares prior to this transaction.