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In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases:
: Despite slightly negative free cash flow in Q1 2026 ($23 million) due to seasonal factors and Middle East disruptions, the company maintained its buyback momentum using its cash position. Strategic Drivers for Accelerated Buybacks schlumberger stock buyback
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
: 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 2026 Shareholder Return Framework : CEO Olivier Le
: SLB bought back $451 million of its common stock during Q1 2026.
: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026.
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