To: E_K_S who wrote (77592 ) 10/20/2025 10:16:47 PM From: E_K_S Respond to Re: Fluor Corp (FLR) stock +8% in AH Starboard Value has taken an approximately 5% stake in Fluor Corporation (NYSE: FLR) , with intentions to push management to enhance shareholder value—specifically by exploring strategic options for its roughly 40% ownership in NuScale Power (NYSE: SMR) .?Announcement Date: October 20, 2025Source: Initially reported by the Wall Street Journal and confirmed by Reuters and Investing.com .?Activist Investor: Starboard Value LP, led by Jeff Smith , is known for its active engagement in undervalued companies and is expected to present its case at the 13D Monitor Active-Passive Investor Summit in New York on October 21.?Stake Details: Starboard acquired nearly 5% of Fluor’s shares .Objective: The firm believes Fluor’s core engineering and construction business is undervalued relative to the market value of its NuScale holdings , which have surged due to investor enthusiasm around nuclear power applications in data centers and AI infrastructure .?Proposals: Starboard is urging management to consider strategic alternatives for the NuScale stake , including a partial or full sale , to unlock shareholder value.?Market Reaction: Following the news, Fluor’s shares jumped 6.7% in after-hours trading , rising to about $51.12 , although the stock remains down approximately 3% year-to-date.?monetizing part of its NuScale investment , having sold 15 million Class?A shares of NuScale earlier in October?2025 for roughly $605?million , retaining a 39% equity stake and planning to use proceeds for a share repurchase program .?complete an exit or spin off its remaining NuScale holdings , aligning with investor sentiment that the nuclear subsidiary’s valuation may overshadow Fluor’s traditional business linesNuscale Power Corp (SMR) - seems like the activist saw the same potential value as I did
