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Delek US Holdings Stockholders Approve Key Amendments

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Delek US Holdings Stockholders Approve Key Amendments

Confident Investing Starts Here:

Delek US Holdings ( (DK) ) has provided an update.

On April 29, 2025, Delek US Holdings, Inc. held its Annual Meeting of Stockholders, where the stockholders approved the Sixth Amendment to the 2016 Long-Term Incentive Plan. This amendment increases the number of shares reserved for issuance by 1,900,000, bringing the total to 18,910,000 shares. Additionally, all ten nominees for the board of directors were elected, and the company’s executive compensation program was approved on an advisory basis. The appointment of Ernst & Young LLP as the independent registered public accounting firm for 2025 was also ratified.

Spark’s Take on DK Stock

According to Spark, TipRanks’ AI Analyst, DK is a Neutral.

Delek US Holdings’ overall stock score reflects the company’s financial instability and bearish technical outlook, which are significant concerns. However, the positive sentiment from recent earnings calls and corporate events, along with a high dividend yield, provide some supportive factors. Strategic efforts to improve profitability and cash flow are crucial for future performance.

To see Spark’s full report on DK stock, click here.

More about Delek US Holdings

YTD Price Performance: -28.50%

Average Trading Volume: 1,621,123

Technical Sentiment Signal: Buy

Current Market Cap: $805.5M

For an in-depth examination of DK stock, go to TipRanks’ Stock Analysis page.

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