NVIDIA Announces a $150 Billion Share Repurchase Authorization Increase

News Summary: NVIDIA s Board of Directors has authorized a $150 billion increase to the share repurchase program, raising the remaining total program to $235 billion. This marks the largest share repurchase authorization increase in history. NVIDIA today announced that its Board of Directors has authorized an additional $150 billion under the company s existing share repurchase program, increasing the total remaining amount authorized to $235 billion. The company expects to execute the total remaining program through fiscal year 2028. NVIDIA s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing, said Jensen Huang, founder and CEO of NVIDIA. Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders. This authorization reflects our confidence in the long-term opportunity ahead. — Company newsroom — sourced from NVIDIA. Matter furnished by the company. Not a Notice Nearby paid placement. This page reprints matter furnished by the company from its official newsroom. Notice Nearby did not write this release. Read the original: https://nvidianews.nvidia.com/news/nvidia-announces-a-150-billion-share-repurchase-authorization-increase