Hollyfrontier announces new $1 bln share repurchase authorization

Hollyfrontier corp - new $1 billion hfc share repurchase authorization.hollyfrontier corp - series of strategic actions targeting growth, risk management and shareholder returns.hollyfrontier corp - expect new renewable diesel plant will generate attractive returns.hollyfrontier corp - plans to construct a new rdu at its artesia refinery.hollyfrontier corp - rdu will have a production capacity of about 125 million gallons a year.hollyfrontier corp - rdu, along with corresponding rail infrastructure and storage tanks, is estimated to have capital cost of $350 million.hollyfrontier corp - plans to review dividend annually & target expected dividend growth rate of about 5% per year.hollyfrontier - rdu will be funded with cash on hand & is expected to generate an internal rate of return between 20% & 30%.
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