HF Sinclair authorizes new $1.5 billion share buyback program

Reuters2026/08/26 21:06

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Board action on Aug. 26, 2026 set a new USD 1.5 billion share repurchase program, effective immediately.
New authorization replaced all prior buyback programs, leaving about USD 11 million under the May 2024 program.
Repurchases may occur in the open market or via privately negotiated transactions, including potential block purchases from REH Advisors.
Company can also buy shares to offset stock issued under compensation plans; board retains discretion to pause or end the program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HF Sinclair Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-059117), on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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HF Sinclair authorizes new $1.5 billion share buyback program

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