Schlumberger Stock Buyback -

: 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. 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 company repurchased 9

: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026. SLB Ramps Up Share Buybacks to $4 Billion for 2026 - MLQ

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

Schlumberger (SLB) has significantly accelerated its stock buyback program, committing to return more than through a combination of share repurchases and dividends. This target represents a massive 67% increase from the $2.41 billion spent on buybacks throughout 2025. 2026 Shareholder Return Framework

In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases: