Following its Q4 2025 earnings report, SLB outlined an aggressive capital allocation strategy for 2026: : Over $4 billion in combined returns.
: 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 schlumberger stock buyback
: Management expects to repurchase at least $2.4 billion in shares during the 2026 fiscal year. Following its Q4 2025 earnings report, SLB outlined
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 : CEO Olivier Le Peuch has stated that
: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026.
: 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