Schlumberger Stock Buyback Direct
In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases:
The shift toward more aggressive share repurchases is supported by several key factors:
: Management expects to repurchase at least $2.4 billion in shares during the 2026 fiscal year. schlumberger stock buyback
: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026.
: The company repurchased 9.2 million shares during this period. In the first quarter of 2026, SLB demonstrated
: SLB bought back $451 million of its common stock during Q1 2026.
: 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. : SLB bought back $451 million of its
: 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