Schlumberger Stock Buyback Site
: 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
: The board approved a 3.5% quarterly dividend increase to $0.295 per share , effective April 2, 2026. 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. : Despite slightly negative free cash flow in