Flowserve Corp (FLS) Stock News

FLSmidth has secured a DKK 175 million order to supply grinding technologies, including a High-Pressure Grinding Roll (HPGR) and gearless ball mill, for a copper mine expansion project in Chile. The order builds on the company's long-standing partnership with the customer and includes installation, commissioning, and extended service support scheduled for 2027.

FLSmidth has secured a DKK 360 million order to supply crushing and grinding equipment for a copper mine expansion project in Northern Chile. The order includes a world-largest gyratory crusher, one SAG mill, and three ball mills, with installation and commissioning expected in late 2029 and early 2030.

FLSmidth & Co. A/S has repurchased 55,000 shares between 28 September and 2 October 2026 under its DKK 1.0 billion share buy-back programme initiated in May 2026. The company has accumulated 1,189,673 shares totaling DKK 613.5 million, with treasury shares now representing 8.01% of total share capital.

FLSmidth & Co. A/S repurchased 54,000 shares between September 14-18, 2026, under its DKK 1.0 billion buy-back programme initiated in May 2026. The company now holds 4,510,644 treasury shares, representing 7.82% of total share capital. Share prices during the period ranged from DKK 554.66 to DKK 580.84.

FLSmidth announces the establishment of a fourth business line, the Crushing, Sizing & Screening (CSS) Business Line, effective January 1, 2027. Alanas Kraujalis will lead the new CSS Business Line, while Petri Virrankoski will join as President of the Service Business Line. The restructuring aims to improve customer focus, execution power, and go-to-market effectiveness by creating clearer ownership of portfolios and customer needs.

FLSmidth has signed a comprehensive lifecycle agreement with Lloyds Metals and Energy Limited (LMEL), a leading Indian iron ore mining company. The partnership covers full equipment flowsheet support, maintenance programs, training, and development of a state-of-the-art repair center. The agreement builds on previous orders and reflects FLSmidth's strategy to deepen long-term customer partnerships in India's mining sector.

FLSmidth & Co. A/S repurchased 61,000 shares between August 3-7, 2026, under its DKK 1.0 billion buy-back programme initiated in May 2026. The company has accumulated 769,173 shares worth DKK 377.0 million, now holding 4,200,144 treasury shares representing 7.29% of total share capital.

FLSmidth & Co. A/S has repurchased 65,000 shares between 27-31 July 2026 under its DKK 1.0 billion share buy-back programme initiated in May 2026. The company has accumulated 708,173 shares totaling DKK 346.3 million, now holding 4,139,144 treasury shares representing 7.18% of total share capital.

FLSmidth & Co. A/S repurchased 68,000 shares between June 22-26, 2026, under its DKK 1.0 billion buy-back programme initiated in May 2026. The company has accumulated 374,700 shares (6.60% of share capital) as treasury shares, with average transaction prices ranging from DKK 471.69 to DKK 515.92 per share.

FLSmidth & Co. A/S has repurchased 62,200 shares between June 15-19, 2026, under its DKK 1.0 billion share buy-back programme initiated in May 2026. The company has accumulated 306,700 shares totaling DKK 155.2 million, now holding 3,737,671 treasury shares representing 6.48% of total share capital.

FLSmidth completed share buy-back transactions totaling DKK 88.9 million from June 1-4, 2026, under its DKK 1.0 billion buy-back programme. The company now holds 3,605,471 treasury shares (6.25% of share capital). Additionally, FLSmidth received Science Based Targets initiative (SBTi) validation for its updated climate targets, reinforcing its MissionZero sustainability ambition toward zero emissions in mining by 2030.

FLSmidth announces implementation of share-based incentive programmes for 2026, comprising approximately 70,000 performance share units and 45,000 restricted share units for around 150 executive and key staff members. The three-year vesting programme targets DKK 63-102 million in costs and includes performance metrics based on Adjusted EBITA, relative Total Shareholder Return, and sustainability KPIs.

FLSmidth reported Q1 2026 results with organic revenue decline of 7% but strong organic order intake growth of 8%, driven by Service (19% growth) and PC&V (16% growth) businesses. Adjusted EBITA margin improved to 15.2% from 14.6% year-over-year. The company maintained full-year 2026 guidance expecting organic revenue growth of -1% to 4% and Adjusted EBITA margin of 15.5% to 16.5%.