Nov 4, 5:44 PM ET
HF Sinclair agreed to buy back 2,100,000 shares of its common stock from REH Advisors Inc. at $110.81 per share, for an aggregate price of approximately $233 million, funded with cash on hand. The repurchase is expected to close on or around November 6, 2026, and is made under the company's $1.5 billion share repurchase program, which leaves about $493 million of authorization remaining.
- 2,100,000 shares at $110.81 per share, for an aggregate price of approximately $233 million, funded with cash on hand
- Stock Purchase Agreement dated November 3, 2026; expected completion on or around November 6, 2026
- Made under the $1.5 billion share repurchase program authorized by the Board on August 26, 2026; about $493 million remains, and $1 billion has been repurchased to date including this transaction
- Shares will be held as treasury stock; this is the twenty-fourth privately negotiated transaction between the company and REH
Read the filing on SEC.gov ↗
Oct 30, 5:03 PM ET
HF Sinclair agreed to repurchase 2,350,000 common shares from its largest holder, REH Advisors Inc., at $109.37 per share, or about $257 million in total, with completion expected on or around November 3, 2026. The filing says the REH Parties are expected to fall below the 5%-to-15% ownership range that gives them a right to designate a Board member, which could lead to that designee offering to resign by early 2027.
- Shares: 2,350,000 common shares at $109.37 each, about $257 million total, funded with cash on hand
- Expected completion: on or around November 3, 2026; shares will be held as treasury stock
- Program status: $766 million repurchased to date under the $1.5 billion program authorized August 26, 2026, leaving about $734 million
- Board: REH Designee must offer to resign within 30 days after January 13, 2027 if REH Parties remain below the 15% designation threshold
Read the filing on SEC.gov ↗
Oct 28, 6:32 AM ET
HF Sinclair reported third quarter 2026 net income attributable to stockholders of $2,015 million, or $11.38 per diluted share, up from $403 million, or $2.15 per diluted share, a year earlier, on sales and other revenues of $10,857 million. The company also named President and Chief Operating Officer Steve Ledbetter as Chief Executive Officer and President effective January 1, 2027, succeeding Franklin Myers, who will remain as Executive Chairperson to advise on the planned separation of its Lubricants & Specialties segment. The board also declared a regular quarterly dividend of $0.525 per share.
- Net income attributable to HF Sinclair stockholders was $2,015 million, or $11.38 per diluted share, for the quarter ended September 30, 2026, versus $403 million, or $2.15 per diluted share, a year earlier.
- Sales and other revenues were $10,857 million, up 50% from $7,251 million in the third quarter of 2025.
- Regular quarterly dividend of $0.525 per share, payable December 2, 2026, to holders of record on November 12, 2026.
- Steve Ledbetter becomes CEO and President effective January 1, 2027; Franklin Myers continues as Executive Chairperson until the Lubricants & Specialties separation is completed.
Read the filing on SEC.gov ↗
Aug 4, 6:10 PM ET
HF Sinclair agreed on August 2, 2026, to repurchase 2,375,000 shares of its common stock from REH Advisors Inc. at $89.41 per share, about $212 million in total, funded with cash on hand and expected to close on or around August 5, 2026. The company also raised its $1 billion share repurchase program by $15 million, effective July 31, 2026, leaving approximately $11 million of authorization remaining, which matters to shareholders because the purchase is a sizable use of cash and the shares will be held as treasury stock.
- 2,375,000 shares purchased from REH Advisors Inc. at $89.41 per share, about $212 million in total
- Stock Purchase Agreement dated August 2, 2026; closing expected on or around August 5, 2026
- This is the twenty-second privately negotiated transaction between the company and REH
- Repurchase program increased by $15 million effective July 31, 2026; over $1 billion repurchased to date and about $11 million remaining
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.