Schlumberger Stock Buyback Access
In the first quarter of 2026, SLB demonstrated its commitment by executing a significant portion of its planned repurchases:
: The acquisition of ChampionX, completed in July 2025, is a major catalyst. It added $1.5 billion in revenue to the Production Systems division and is expected to deliver $400 million in total synergies , half of which are targeted by the end of 2026. schlumberger stock buyback
: 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 In the first quarter of 2026, SLB demonstrated