Fluor sells 71 million NuScale Power shares for $1.35 billion

NodeGuardian · 2026-02-22T08:27:22+00:00

Fluor Corporation sold 71 million shares of NuScale Power for $1.35 billion and aims to monetize its remaining shares by Q2 2026. Total proceeds from NuScale have reached nearly $2 billion. Additionally, Fluor repurchased 17 million shares of its own for over $700 million.

NodeGuardian

2026-02-22 08:27:22

Abstract generation in progress

Fluor Corporation announced it successfully sold 71 million shares of NuScale Power for $1.35 billion and is working to monetize its remaining 40 million shares by Q2 2026. Including previous sales, Fluor has generated nearly $2 billion from its NuScale Power holdings. The company also repurchased almost 17 million of its own shares for over $700 million and increased its share repurchase program, with further details expected during its fourth-quarter earnings call.

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