secwatch.observer — SEC 8-K summary
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Issuer:     HF Sinclair Corp (DINO)
CIK:        0001915657
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0001915657-23-000051
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HF Sinclair repurchases 8.2M shares from REH Company for $410.6M
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- Repurchased 8,200,000 shares at $50.07/share for aggregate $410,574,000, funded with cash on hand.
- Selling stockholder REH Company held ~18.1% of outstanding common stock prior to the transaction.
- This is the ninth privately negotiated buyback from REH; total program usage reaches ~$995M of $1B authorization.
- Transaction expected to close on or around August 2, 2023; Audit Committee approved as an Interested Transaction.
- Shares will be held as treasury stock; the company may discontinue the share repurchase program at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1915657/000191565723000051/0001915657-23-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1915657/000191565723000051/dino-20230728.htm
  HTML page:      https://secwatch.observer/filing/0001915657-23-000051

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