dividend
confidence high
sentiment positive
materiality 0.75
SLB announces 43% dividend increase to $0.25/share and Q1 2023 share repurchase resumption
SLB LIMITED/NV
- CFO Stephane Biguet at 2022 Investors Conference disclosed intent to raise quarterly dividend by 43% to $0.25/share.
- New dividend expected to begin with April 2023 payment, subject to Board declaration each quarter.
- SLB will resume share repurchases under existing program starting Q1 2023.
- Previously declared dividend of $0.175/share payable January 12, 2023 is unaffected.