Schlumberger Stock Buyback -

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

: SLB bought back $451 million of its common stock during Q1 2026. schlumberger stock buyback

: Management expects to repurchase at least $2.4 billion in shares during the 2026 fiscal year. The shift toward more aggressive share repurchases is

: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026. : SLB's high-margin digital business, which saw a

: 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.

: 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

In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases: