: The company repurchased 9.2 million shares during this period.
: Management expects to repurchase at least $2.4 billion in shares during the 2026 fiscal year.
Following its Q4 2025 earnings report, SLB outlined an aggressive capital allocation strategy for 2026: : Over $4 billion in combined returns. schlumberger stock buyback
: SLB bought back $451 million of its common stock during Q1 2026.
: CEO Olivier Le Peuch has stated that the buybacks signal management's belief that SLB stock is undervalued relative to its future cash-generation potential. SLB Ramps Up Share Buybacks to $4 Billion for 2026 - MLQ.ai : The company repurchased 9
In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases:
: The acquisition of ChampionX, completed in July 2025, is a major catalyst. It added $1.5 billion in revenue to the Production Systems division and is expected to deliver $400 million in total synergies , half of which are targeted by the end of 2026. : SLB bought back $451 million of its
: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026.