Schlumberger Stock Buyback May 2026

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

: 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 schlumberger stock buyback

Following its Q4 2025 earnings report, SLB outlined an aggressive capital allocation strategy for 2026: : Over $4 billion in combined returns. In the first quarter of 2026, SLB demonstrated

: SLB bought back $451 million of its common stock during Q1 2026. In the first quarter of 2026

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