Delek US Holdings, Inc. Buyback
OLI recorded this information on 9/6/2018
Company:
Delek US Holdings, Inc.
Buyback:
DK buyback
$Amount Authorized:
$100,000,000
Buyback Details:
Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced it expects to complete a $100.0 million 10b5-1 repurchase plan of Delek US shares in the third quarter 2018 subject to 10b5-1 volume limitations. During the third quarter, approximately $30.0 million of shares were repurchased through the end of August 2018.
Delek US Holdings is a holding company. Through its subsidiaries, Co. is engaged in the downstream energy business focused on petroleum refining, the transportation, storage and wholesale distribution of crude oil, intermediate and refined products and convenience store retailing. Co. operates in three reportable operating segments: refining, which owns and operates four independent refineries located in Tyler, TX, El Dorado, AR, Big Spring, TX and Krotz Springs, LA; logistics, which gathers, transports and stores crude oil and markets, distributes, transports and stores refined products; and retail, which includes the operations of convenience store sites.
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Avg. Broker Rec.
  
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Sell (1.48 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: DK Stock Forecast Based on Zacks ABR data; powered by Xignite |
