Irving, Texas — February 17, 2026 — Leads & Copy — Fluor Corporation (NYSE: FLR) announced today the completion of another milestone in the sale of 71 million shares of NuScale Power Corporation (NYSE: SMR), generating gross sales proceeds of $1.35 billion.
Fluor has initiated efforts to monetize its remaining 40 million shares, expecting to finalize the process in the second quarter of 2026. With sales from 2025 included, the company has realized nearly $2 billion in total proceeds to date.
As part of Fluor’s ongoing commitment to enhancing shareholder value, the company repurchased almost 17 million shares of its common stock, deploying over $700 million since the beginning of the fourth quarter of 2025 through February 13, 2026.
The Board of Directors approved in February an increase in the number of shares authorized for repurchase under Fluor’s share repurchase program by 30 million shares. Following the increase, approximately 32.4 million shares are currently available for repurchase under the program.
The company will provide additional commentary on these activities and the anticipated use of investment proceeds during its fourth‑quarter earnings call on February 17.
Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2025 and is ranked 257 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement, construction and maintenance services for more than a century.
Source: Fluor Corporation
