Factors Behind Fluor’s February Stock Surge

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Fluor Corp. Investment Boosts Share Performance

Fluor Corp. (NYSE: FLR) saw its shares rise 13.2% in February and 32% over the past year, fueled by its successful investment in NuScale Power, which exceeded $600 million since 2011. The company raised nearly $2 billion from share sales related to this investment and is expected to sell an additional 40 million shares in the upcoming quarter.

Since the start of Q4 2025, Fluor has repurchased approximately 17 million shares for over $700 million, while expanding its buyback program to include an additional 30 million shares—over 20% of its outstanding shares. Despite a slight decrease in project backlog, Fluor remains engaged in strong sectors such as nuclear energy and data centers, recently securing a multi-year contract to expand a uranium enrichment facility in Ohio.

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