Schlumberger Stock Buyback Apr 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

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

: Management expects to repurchase at least $2.4 billion in shares during the 2026 fiscal year. : CEO Olivier Le Peuch has stated that

: 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

: 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

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 its commitment by executing a significant portion of its planned repurchases: