Flowserve responds to Starboard letter, reaffirms financial targets

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Flowserve Underscores Commitment to Driving Value Creation for Shareholders

May 28, 2026 4:01 PM EDT

DALLAS--(BUSINESS WIRE)-- Flowserve Corporation (NYSE: FLS) (Flowserve or the Company), a leading provider of flow control products and services for the global infrastructure markets, today issued the following statement in response to a letter issued by Starboard Value LP (collectively with its affiliates, "Starboard").

The Flowserve Board of Directors (the Board) and management team are committed to acting in the best interests of the Company and all shareholders. We regularly engage with investors to better understand their perspectives, and we welcome constructive input that furthers our goal of creating... More