Fluor Provides Update on Corporate Matters
Fluor Corporation (FLR)
Last fluor corporation earnings: 10/31 06:55 am
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US:NYSE Investor Relations:
investor.fluor.com/node/5806
Company Research
Source: Business Wire
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) today provided an update on certain corporate matters. For the first four months of 2020, the company’s cash balance has ranged between $1.7 to $2.0 billion. The company continues to have adequate liquidity to meet all operational and project needs and its revolving credit facilities remain undrawn. However, with the preservation of liquidity as a top consideration, and in light of the current economic disruption as a result of the COVID-19 pandemic and weak commodity prices, Fluor has made the decision to suspend its dividend as of April 29, 2020. Furthermore, the company is continuing its cost reduction efforts.The company continues to pursue the divestiture of its equipment rental company (AMECO) business, P3 assets and excess real estate. Although the timing of these transactions has slowed as a result of the pandemic, the company continues to believe that it will realize the full value of these divestitures.About F
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FLR
Earnings
- 11/8/24 - Miss
FLR
Sec Filings
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- 11/8/24 - Form SC
- FLR's page on the SEC website