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HF Sinclair Board Authorized New $1B Stock Buyback

Author: Benzinga Newsdesk | May 08, 2024 06:32am

We also returned $269 million in cash to shareholders during the quarter and today announced a new $1.0 billion share repurchase authorization demonstrating our continued commitment to shareholder returns. Looking forward, as we head into summer driving season, we expect a favorable market environment and believe we are well positioned to generate strong earnings and cash flows."

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