: 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
: Management expects to repurchase at least $2.4 billion in shares during the 2026 fiscal year. schlumberger stock buyback
: SLB bought back $451 million of its common stock during Q1 2026. : CEO Olivier Le Peuch has stated that
The shift toward more aggressive share repurchases is supported by several key factors: schlumberger stock buyback
: 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.