CVR Energy Finalizes Special Dividend, Determines Cash Distribution Payable to CVR Energy Stockholders
SUGAR LAND, Texas, June 10, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (CVR Energy or the Company) (NYSE: CVI) today announced that it has determined the amount of cash per share of its common stock to which each of its stockholders is entitled in connection with the previously announced special dividend of $492 million, to be paid in a combination of cash (the Cash Distribution) and the common stock of Delek US Holdings, Inc. (Delek) held by the Company (the Stock Distribution). The Company will distribute an aggregate amount of approximately $242 million, or $2.40 per share of the Companys common stock, pursuant to the Cash Distribution and 10,539,880 shares of Delek common stock, which represented approximately 14.3% of the outstanding shares of Delek common stock, pursuant to the Stock Distribution.
CVR Energy Finalizes Special Dividend, Determines Cash Distribution Payable to CVR Energy Stockholders
SUGAR LAND, Texas, June 10, 2021 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (CVR Energy or the Company) (NYSE: CVI) today announced that it has determined the amount of cash per share of its common stock to which each of its stockholders is entitled in connection with the previously announced special dividend of $492 million, to be paid in a combination of cash (the Cash Distribution) and the common stock of Delek US Holdings, Inc. (Delek) held by the Company (the Stock Distribution). The Company will distribute an aggregate amount of approximately $242 million, or $2.40 per share of the Companys common stock, pursuant to the Cash Distribution and 10,539,880 shares of Delek common stock, which represented approximately 14.3% of the outstanding shares of Delek common stock, pursuant to the Stock Distribution.