Item 5.02.   Departure of Directors or Certain Officers; Election of Directors;

             Appointment of Certain Officers; Compensatory Arrangements of
             Certain Officers.

On November 15, 2019, in connection with George J. Damiris's retirement from the Board of Directors (the "Board") of HollyFrontier Corporation (the "Corporation") on December 31, 2019, the Board reduced the size of the Board to ten effective January 1, 2020.

Item 7.01. Regulation FD Disclosure.

On November 18, 2019, the Corporation issued a press release announcing a new growth opportunity and stockholder return initiatives, which include the construction of a renewable diesel unit at its Artesia, New Mexico refinery, guidance on the regular cash dividend growth and authorization of a new $1 billion share repurchase program. A copy of the Corporation's press release is attached hereto at Exhibit 99.1 and incorporated in this Item 7.01 in its entirety.

Furnished as Exhibit 99.2 and incorporated by reference into this Item 7.01 in its entirety is a copy of a presentation to be presented by the Corporation to current and potential investors at meetings throughout 2019.

The information contained in, or incorporated into, this Item 7.01 is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference to such filing.

Item 8.01 Other Events.

The Board authorized a new $1 billion share repurchase program, which replaces all existing share repurchase authorizations, of which there was approximately $281 million remaining. Share repurchases may be made in the open market or through privately negotiated transactions from time to time or by other means in accordance with federal securities laws and are subject to a number of factors including market conditions, applicable legal and regulatory requirements and other considerations. The Corporation's share repurchase program may be discontinued at any time by the Board.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description



99.1       Press Release dated November 18, 2019.  *

99.2      Presentation by the Corporation to current and potential investors.  *

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).




* Furnished herewith.

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