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Apr 2, 2024 · SLB will increase its total returns to shareholders to a target of $3 billion in 2024; sets target for returns to shareholders of $4 billion in 2025. HOUSTON, April 02, 2024 —SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) today announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction.
Apr 3, 2024 · In addition to the acquisition announcement, SLB unveiled plans to return $7 billion to shareholders over the next two years. This commitment highlights the company's confidence in the transaction ...
Apr 2, 2024 · April 2, 2024 at 8:42 AM PDT. Translate. SLB agreed to acquire rival oilfield service provider ChampionX Corp. for $7.8 billion in an all-stock deal, a move that will bulk up SLB’s technology ...
Apr 2, 2024 · The acquisition will help SLB expand its artificial lift technology, which helps keep output from older wells flowing. ... SLB also announced it will return $7 billion to shareholders over the ...
Apr 2, 2024 · When the deal closes, ChampionX shareholders will own approximately 9% of SLB’s outstanding common stock. SLB also announced it will return $7 billion to shareholders over the next two years, including a target of $3 billion for this year and $4 billion for 2025. —With assistance from Elizabeth Elkin.
Apr 2, 2024 · SLB also announced today that it will return $7 billion to shareholders over the next two years. SLB will increase its 2024 shareholder returns to a target of $3 billion as well as set a target ...
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Apr 2, 2024 · Photo: slb/Reuters. Oilfield services giant SLB said it has agreed to buy ChampionX in an all-stock deal valued at about $7.8 billion. ChampionX shareholders will receive 0.735 SLB shares for each ...
