Delek US Holdings Authorizes $400 Million Increase in Share Repurchase Program

Delek US Holdings, Inc. (NYSE: DK) announced that its Board of Directors has approved a $400 million increase in its share repurchase program, raising the total repurchase authorization to approximately $562 million.

Avigal Soreq, President and Chief Executive Officer of Delek US, commented, “Our priority is to deliver value to our shareholders, and this enhanced repurchase authorization underscores our commitment to increasing cash returns. We believe our equity holds significant value and, depending on market conditions, we plan to continue leveraging share buybacks to provide additional value to our shareholders.”

About Delek US Holdings, Inc.

Delek US Holdings, Inc. is a diversified downstream energy company with interests in petroleum refining, logistics, pipelines, and renewable fuels. Its refining assets include facilities in Tyler and Big Spring, Texas; El Dorado, Arkansas; and Krotz Springs, Louisiana, with a combined crude throughput capacity of 302,000 barrels per day.

The company’s logistics operations are managed through Delek Logistics, a growth-oriented master limited partnership where Delek US and its affiliates hold the general partner role and approximately a 72.5% limited partner interest. Delek Logistics focuses on owning and operating midstream energy infrastructure assets.

Safe Harbor Statement

This press release contains forward-looking statements based on current expectations and involves risks and uncertainties. Statements regarding estimates, expectations, projections, future results, performance, opportunities, and other non-historical facts are “forward-looking statements” under federal securities laws. Investors should be aware that risks outlined in the Company’s SEC filings may impact these forward-looking statements. These statements are not guarantees of future performance and actual results may differ significantly. The Company does not undertake any obligation to update or revise these statements, except as required by law.

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