Schlumberger Stock Buyback Apr 2026

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

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

: 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.

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

The shift toward more aggressive share repurchases is supported by several key factors: