Nvidia adds an additional $150 billion to its share repurchase authorization, bringing the total to $235 billion.
2026.09.28 19:12:39
NVIDIA (NVDA.O) announced today that its board of directors has approved an additional $150 billion in authorization for its existing stock repurchase program, bringing the total remaining authorized repurchase amount to $235 billion. The company expects to complete the remaining repurchase plan by the end of fiscal 2028. "NVIDIA's growth stems from the transition to the next-generation platform of artificial intelligence and accelerated computing," said NVIDIA CEO Jensen Huang. "Our cash-generating ability enables us to invest in technologies driving this transition and return capital to shareholders. This authorization reflects our confidence in long-term future opportunities." According to market data from BIT (bit.com), NVIDIA's US-listed stock rose 1.4% in pre-market trading.
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