: 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
Following its Q4 2025 earnings report, SLB outlined an aggressive capital allocation strategy for 2026: : Over $4 billion in combined returns. schlumberger stock buyback
The shift toward more aggressive share repurchases is supported by several key factors: : CEO Olivier Le Peuch has stated that
In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases: : SLB bought back $451 million of its
: The company repurchased 9.2 million shares during this period.
: 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