Fluor sells $605 million of NuScale shares to fund buybacks

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Fluor Completes Successful Sale of NuScale Class A Shares

October 9, 2025 4:15 PM EDT

IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation today announced it has completed the sale of 15 million shares of Class A common stock of NuScale Power Corporation (NYSE: SMR) (NuScale) that were converted in August 2025, resulting in net proceeds of $605 million. The Company expects to use existing tax attributes to limit cash taxes arising... More