HF Sinclair to repurchase 5M shares from REH Company for $296.1M at $59.22/share

HF Sinclair Corp

Repurchase of 5,000,000 shares at $59.22/share, aggregate $296,100,000, funded with cash on hand.
Expected to close on or around April 4, 2024; shares held as treasury stock.
16th privately negotiated transaction with REH Company, which owns ~11.36% of outstanding common stock.
Total repurchases under $1B share repurchase program now $785.8M.
Audit Committee approved the transaction as an Interested Transaction with a Related Person.

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