Schlumberger — Stock Buyback

: Management expects to repurchase at least $2.4 billion in shares during the 2026 fiscal year.

: The $4 billion program represents approximately 5.3% to 5.4% of SLB's total market capitalization (roughly $74–$75 billion). Q1 2026 Execution Progress

: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026. schlumberger stock buyback

: 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 shift toward more aggressive share repurchases is supported by several key factors: : Management expects to repurchase at least $2

: SLB bought back $451 million of its common stock during Q1 2026.

In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases: : CEO Olivier Le Peuch has stated that

Following its Q4 2025 earnings report, SLB outlined an aggressive capital allocation strategy for 2026: : Over $4 billion in combined returns.