HollyFrontier (HFC) Approves $350M Buyback Plan

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HollyFrontier Corporation (NYSE: HFC) announced its Board of Directors has authorized a $350 million share repurchase program. This authorization is in addition to the approximately $60 million remaining under the $350 million share repurchase program that was announced by HollyFrontier in January 2012. These share repurchases will be made in the open market or through privately negotiated transactions from time to time and are subject to market conditions, corporate, regulatory and other considerations. This share repurchase program may be discontinued at any time by the Board of Directors.

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