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Form 8-K · Current Report · Filed 2024-02-06

HF Sinclair Corporation Updates Corporate Governance with Bylaw Amendments

On February 3, 2024, HF Sinclair Corporation's Board of Directors approved amendments to the corporation's by-laws, enabling shareholders owning at least 25% of the voting shares to call special meetings.

Filer
Hf Sinclair Corporation DINO · NYSE
Filed
Accession
0001915657-24-000014
CIK
0001915657
Signal
Medium impactEnergy

Details

The amendments also include procedural changes for shareholder requests and nominations for the Board. An amended and restated copy of the by-laws is furnished as Exhibit 3.1 to this report.

Items reported

Item 5.03

Amendments to Articles of Incorporation or Bylaws

Bylaw Amendment
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$57.82

Next session

-1.2%

Since filing

+58.2%

Latest close

$91.47

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from DINO reporting the same item, with the next session's move:

HF Sinclair Repurchases Shares from REH Company-4.3%
HF Sinclair Announces Completion of Holly Energy Partners Acquisition and 2024 Financial Strategy-3.1%

Exhibits (1)

About Hf Sinclair Corporation

Hf Sinclair Corporation is an integrated energy company involved in refining, marketing, and distributing petroleum products. Its primary focus is on supplying fuel and specialty lubricant products, with operations that extend into petrochemicals and renewable fuels. Serving various sectors such as automotive, industrial, and agricultural, Hf Sinclair plays a crucial role in the energy supply chain by processing crude oil into refined products, including gasoline and diesel. The company's refining operations are strategically located across the United States, facilitating efficient distribution across diverse markets. With a commitment to sustainability, Hf Sinclair is also investing in renewable energy solutions and reducing carbon emissions. As a significant player in the energy sector, the corporation contributes to both local and global energy supplies, impacting market dynamics through its production capacities and strategic initiatives. Founded through a merger of HollyFrontier Corporation and Sinclair Oil Corporation, Hf Sinclair combines extensive industry expertise with a robust operational network, making it a key participant in the broader energy landscape.

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