“With confidence in the strength and longevity of the cycle and visibility into sustained strong cash flows, we are pleased to announce that our Board of Directors has approved a 10% increase to our quarterly dividend. Additionally, we plan to increase share repurchases in 2024, visibly enhancing returns to shareholders for the full year.”
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SLB:
- SLB price target lowered to $67 from $68 at Benchmark
- Options Volatility and Implied Earnings Moves This Week, January 16 – January 19, 2024
- SLB and Nabors announce collaboration to scale adoption of drilling automation
- SLB price target lowered to $71 from $77 at Piper Sandler
- SLB price target lowered to $63 from $64 at Stifel