M&A - FLOWSERVE CORP

Form Type: DEF 14A

Filing Date: 2025-04-02

Corporate Action: Acquisition

Type: New

Accession Number: 000130817925000353

Filing Summary: Flowserve Corp.'s 2025 DEF 14A Proxy Statement outlines key details about the upcoming annual meeting of shareholders scheduled for May 16, 2025. The statement emphasizes the company's strong performance in 2024, marked by a 5.5% revenue increase and a substantial operating margin improvement. Flowserve successfully acquired MOGAS Industries, enhancing its valve portfolio focused on severe service applications. The document lists proposals for the meeting, including the election of directors, approval of executive compensation, and ratification of the independent auditor. The corporate governance framework is described, along with details on the 3D Growth Strategy emphasizing diversification, decarbonization, and digitization to adapt to market trends. Shareholder engagement is highlighted, inviting feedback and participation in voting processes.

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