HOLLYFRONTIER CORPORATION (NYSE:HFC) Files An 8-K Other EventsItem 8.01 Other Events.
On September 13, 2018, HollyFrontier Corporation (the “Corporation”) issued a press release announcing that its Board of Directors authorized a $1 billion share repurchase program. This authorization replaces all existing share repurchase authorizations, of which there was approximately $43.6 million remaining after having purchased approximately 1.2 million shares to date in the third quarter.
A copy of the Corporation’s press release is attached hereto as Exhibit99.1 and incorporated by reference in this Item 8.01 in its entirety.
Item 8.01Financial Statements and Exhibits.
(d)Exhibits
HollyFrontier Corp ExhibitEX-99.1 2 sharerepurchase1billionaut.htm EXHIBIT 99.1 Exhibit September 13,…To view the full exhibit click here
About HOLLYFRONTIER CORPORATION (NYSE:HFC)
HollyFrontier Corporation (HollyFrontier) is an independent petroleum refiner. The Company produces various refined products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. The Company operates through two segments: Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company’s El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries and HollyFrontier Asphalt Company (HFC Asphalt). The Company’s refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment involves all of the operations of HEP. HEP is a limited partnership, which owns and operates logistic assets consisting of petroleum product and crude oil pipelines, terminals, tankage, loading rack facilities and refinery processing units that principally support the Company’s refining and marketing operations.