Fluor Corporation announced on October 10, 2025 that it has completed the sale of 15 million shares of its Class A common stock in NuScale Power Corporation, a transaction that generated net proceeds of $605 million.
The sale was executed after the shares were converted in August 2025, and Fluor plans to use the majority of the cash to accelerate its existing share‑repurchase program, thereby returning value to shareholders.
The transaction also leaves Fluor with 111 million NuScale LLC Class B units and associated Class B shares, representing roughly 39 % of NuScale’s equity, while the company maintains its strategic stake in the small‑modular‑reactor business.
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