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Flowserve expects to repurchase $150M in stock during Q2

"Returning capital to our shareholders remains a priority, as evidenced by approximately $173M in share repurchases and dividends in Q1. We also expect to repurchase approximately $150M of Flowserve's shares during Q2, effectively completing $1B in share repurchases, announced last May, as part of our capital structure strategy," the company said.