: 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 board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026. schlumberger stock buyback
: SLB's high-margin digital business, which saw a 9% year-on-year revenue increase in Q1 2026, allows for increased cash flow without heavy capital intensity. : CEO Olivier Le Peuch has stated that
: 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 $4 billion program represents approximately 5
: 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
Following its Q4 2025 earnings report, SLB outlined an aggressive capital allocation strategy for 2026: : Over $4 billion in combined returns.