HF Sinclair Corporation announced a share repurchase authorization on August 26, 2026. The program authorizes the company to buy back its own stock. No dollar amount or share-count target was disclosed in the announcement — the authorization alone does not mean any shares have yet been purchased.
For holders, a buyback program can reduce the share count over time as repurchases are executed, though no purchases are guaranteed. For short sellers, the backdrop is modest: roughly 4.9% of DINO's free float is currently sold short — around 8.3 million shares — with a cost to borrow of just 0.47% and days to cover sitting at 3.3. Borrow supply is plentiful at these levels, so the announcement does not materially tighten conditions for the short side.
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