Fluor Corporation (NYSE: FLR) announced today that its board of
directors has approved a new 12 million share repurchase program. This
new authorization is equivalent to approximately 7.1 percent of Fluor's
shares outstanding at October 28, 2011.
The shares will be repurchased from time to time in open market
transactions or privately negotiated transactions at the Company's
discretion, subject to market conditions and other factors and at such
times and in amounts that the company deems appropriate.
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Through its global
network of offices on six continents, the company provides comprehensive
capabilities and world-class expertise in the fields of engineering,
procurement, construction, commissioning, operations, maintenance and
project management. Headquartered in Irving, Texas, Fluor is a FORTUNE
200 company and had revenue of $20.8 billion in 2010. For more
information visit www.fluor.com.
