other material
confidence high
sentiment positive
materiality 0.70
HF Sinclair to repurchase 2.375M shares from REH Advisors for ~$212M at $89.41/share
HF Sinclair Corp
- Repurchasing 2,375,000 shares from REH Advisors at $89.41/share, aggregate ~$212M, funded with cash on hand.
- This is the 22nd privately negotiated repurchase from REH; closing expected August 5, 2026.
- Board increased share repurchase program by $15M; remaining authorization ~$11M after this transaction.
- Audit Committee approved as an Interested Transaction; shares will be held as treasury.