Flowserve Corp
Machinery
Flowserve Corp (FLS) Stock News
The latest FLS headlines and market coverage — 3 recent stories, updated throughout the day.
- GlobeNewswire Inc.·
FLSmidth: Transactions under share buy-back programme
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.
- GlobeNewswire Inc.·
FLSmidth: Share-based incentive programmes 2026
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.
- GlobeNewswire Inc.·
FLSmidth Q1 2026 Interim Financial Report: Strong organic order intake growth in Service and PC&V businesses
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%.