Fluor Corporation announced the completion of a sale of 71 million shares of NuScale Power Corporation, generating $1.35 billion in gross proceeds, on Tuesday, February 17, 2026. The company also initiated a trading program for its remaining 40 million NuScale shares, anticipating completion in the second quarter of 2026.
Including prior sales in 2025, Fluor has now captured nearly $2 billion in total proceeds from its NuScale investment. The company simultaneously reported nearly $700 million in share repurchases of its own stock, having bought back almost 17 million shares since the beginning of the fourth quarter of 2025. Fluor’s board authorized an additional 30 million shares for repurchase, bringing the total available for repurchase to approximately 32.4 million shares.
Fluor intends to discuss the use of these investment proceeds during its fourth-quarter 2025 earnings call, scheduled for 8:30 a.m. Eastern Time on February 17, 2026. The call will be webcast live from investor.fluor.com. The company reported 2025 revenue of $15.5 billion and ranks 257 on the Fortune 500 list.
Fluor also secured a $1.35 billion contract to serve as the engineering, procurement, and construction partner for an expansion of Centrus’ uranium enrichment plant in Ohio, as announced on February 11, 2026. The company’s headquarters are located in Irving, Texas.
