HF Sinclair to repurchase 2.1 million shares from REH for about $233 million
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.
Key points
- 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
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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.