SLB (NYSE: SLB) investors back all director and pay proposals at 2026 AGM
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SLB Limited reported that shareholders at its 2026 Annual General Meeting on April 8, 2026 elected all nominated directors and approved every proposal on the agenda. Shareholders gave strong advisory support for executive compensation, endorsed 2025 financial statements and dividends, ratified the 2026 auditor, and approved changes to the 2017 Omnibus Stock Incentive Plan.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Say-on-pay support: 95.2% of votes cast
Financial statements approval: 99.8% of votes cast
Auditor ratification support: 92.8% of votes cast
+5 more
8 metrics
Say-on-pay support
95.2% of votes cast
Advisory approval of executive compensation at 2026 Annual Meeting
Financial statements approval
99.8% of votes cast
Approval of 2025 financial statements and 2025 dividends
Auditor ratification support
92.8% of votes cast
Ratification of PricewaterhouseCoopers LLP as 2026 auditor
Omnibus plan amendment support
97.6% of votes cast
Approval of amendment and restatement of 2017 SLB Omnibus Stock Incentive Plan
Votes for executive compensation
1,099,549,860 votes
For votes on advisory executive compensation resolution
Votes for financial statements
1,283,629,554 votes
For votes on 2025 financial statements and dividends proposal
Votes for auditor ratification
1,194,714,274 votes
For votes on ratification of PricewaterhouseCoopers LLP for 2026
Votes for Omnibus Plan amendment
1,133,946,011 votes
For votes on 2017 SLB Omnibus Stock Incentive Plan amendment and restatement
Key Terms
Annual General Meeting of Shareholders, advisory approval of executive compensation, independent registered public accounting firm, 2017 SLB Omnibus Stock Incentive Plan, +1 more
5 terms
advisory approval of executive compensation financial
"Item 2—Advisory Approval of Executive Compensation The advisory resolution to approve SLB’s executive compensation"
independent registered public accounting firm financial
"The proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent auditors of SLB for 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
2017 SLB Omnibus Stock Incentive Plan financial
"Item 5—2017 SLB Omnibus Stock Incentive Plan The proposal to approve the amendment and restatement of the 2017 SLB Omnibus Stock Incentive Plan"
broker non-votes financial
"For | | Against | | Abstain | | Broker Non-votes 1,099,549,860 | | 55,289,610 | | 10,721,023 | | 122,827,419"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
FAQ
What were the results for SLB’s 2025 financial statements and dividends proposal?
SLB shareholders approved the 2025 consolidated balance sheet, income statement, and 2025 dividend declarations with about 99.8% of votes cast for the proposal. Votes were 1,283,629,554 for, 2,350,284 against, and 2,408,074 abstaining, with no broker non-votes reported.
What changes to the 2017 SLB Omnibus Stock Incentive Plan were approved?
Shareholders approved an amendment and restatement of the 2017 SLB Omnibus Stock Incentive Plan. The proposal received strong backing, with 1,133,946,011 votes for, 28,198,232 against, 3,417,938 abstentions, and 122,825,731 broker non-votes, equating to about 97.6% support of votes cast.
Were all SLB (SLB) director nominees elected at the 2026 Annual Meeting?
All nominated directors, including Olivier Le Peuch and other board members, were elected. Vote totals were in the hundreds of millions for each nominee, with substantial margins over votes cast against, alongside broker non-votes consistent with standard meeting voting patterns.