HF Sinclair Authorizes New $1.5B Share Repurchase Program
DINO has more than doubled off its 52-week low of $45.71.
Summary
HF Sinclair's board authorized a new $1.5 billion share repurchase program, replacing the prior authorization that had only ~$11 million remaining. The program allows open-market and privately negotiated buybacks, including from major holder REH Advisors.
Key Events · Financing and Capital Events · DINO
-
New $1.5B Buyback Authorization
Board authorized a new $1.5 billion share repurchase program effective August 26, 2026, replacing all prior authorizations.
-
Prior Program Nearly Exhausted
Only ~$11 million remained under the prior repurchase program initially authorized in May 2024.
-
REH Advisors Repurchase Provision
New program explicitly authorizes privately negotiated repurchases from REH Advisors Inc., subject to interest and other limitations.
-
Flexible Execution Terms
Repurchases may be made in the open market or through privately negotiated transactions, with timing dependent on market conditions and corporate, tax, and regulatory considerations.
Analysis · DINO · Energy & Transportation
The board replaced the nearly exhausted prior buyback authorization with a fresh $1.5 billion program. This is a substantial capital return commitment — roughly 9% of the company's market value — and it explicitly permits further privately negotiated repurchases from REH Advisors, the major holder that just sold $212 million of stock back to the company earlier this month. The move signals continued confidence in cash generation following a strong Q2, but the REH provision also suggests the company may keep absorbing that holder's remaining stake.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DINO was trading at $92.80 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $16.6B. The 52-week trading range was $45.71 to $98.39. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.