Shareholders' Equity |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Shareholders' Equity | Shareholders' Equity Dividends For 2025, our Board of Directors declared the following dividends:
Stock Repurchase Program Our Board of Directors has authorized a share repurchase program under which repurchases of Delek common stock may be executed through open market transactions or privately negotiated transactions, in accordance with applicable securities laws. The timing, price and size of repurchases are made at the discretion of management and will depend on prevailing share prices, general economic and market conditions and other considerations. The authorization has no expiration date. During the three and six months ended June 30, 2025, 685,050 and 2,694,470, respectively, shares of our common stock were repurchased and cancelled at the time of the transaction for a total of $12.9 million and $44.4 million, respectively. No shares were repurchased for the three and six months ended June 30, 2024. As of June 30, 2025, there was $499.1 million of authorization remaining under Delek's aggregate stock repurchase program. Subsequent to June 30, 2025, we made repurchases of 342,345 shares of our common stock that were cancelled at the time of transaction for approximately $7.9 million.
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