filings.toolsItem 1A. Risk Factors.
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Item 1A. Risk Factors.
As of the date of this filing, there have been no material changes from the risk factors disclosed in Part I, Item 1A, of SLB’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
Item 2. Unregistered Sales of Equit****y Securities and Use of Proceeds.
Unregistered Sales of Equity Securities
None.
Issuer Repurchases of Equity Securities
On January 21, 2016, the SLB Board of Directors approved a $10 billion share repurchase program for SLB common stock. As of June 30, 2026, SLB had repurchased approximately $7.0 billion of SLB common stock under this program.
SLB's common stock repurchase activity for the three months ended June 30, 2026 was as follows:
| (Stated in thousands, except per share amounts) | |||||||||||||||
| Total number of shares purchased | Average price paid per share | Total number of shares purchased as part of publicly announced plans or programs | Maximum value of shares that may yet be purchased under the plans or programs | ||||||||||||
| April 2026 | 4,169.1 | $ | 52.56 | 4,169.1 | $ | 3,457,076 | |||||||||
| May 2026 | 3,659.1 | $ | 55.93 | 3,659.1 | $ | 3,252,436 | |||||||||
| June 2026 | 4,138.4 | $ | 54.12 | 4,138.4 | $ | 3,028,458 | |||||||||
| 11,966.6 | $ | 54.13 | 11,966.6 |
I****tem 3. Defaults Upon Senior Securities.
None**.**
Item 4. Mine Safety Disclosures.
Our mining operations are subject to regulation by the federal Mine Safety and Health Administration under the Federal Mine Safety and Health Act of 1977. Information concerning mine safety violations or other regulatory matters required by section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K is included in Exhibit 95 to this report.
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