Nvidia Adds $150B to Share Buyback Program, Lifting Total Authorization to $235B
Summary
Nvidia authorized an additional $150 billion in share repurchases — the largest single buyback authorization in US corporate history — bringing its total available buyback to $235 billion and targeting completion through fiscal 2028. CEO Jensen Huang framed the move around 'a once-in-a-generation platform shift to AI and accelerated computing.' NVDA is up more than 20% year-to-date.
Originally reported by bloomberg.com
Read the original article →Original headline: Nvidia Adds $150B to Share Buyback Program, Lifting Total Authorization to $235B