Schlumberger — Stock Buyback

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

: 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

In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases: The shift toward more aggressive share repurchases is

: Management expects to repurchase at least $2.4 billion in shares during the 2026 fiscal year. effective April 2

: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026.

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