By Proactive
Publication Date: 2026-09-28 15:45:00
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) has authorized an additional $150 billion in share repurchases, raising the remaining amount available under the company’s existing buyback program to $235 billion.
The company expects to execute the entire remaining $235 billion program through fiscal year 2028, covering both the newly approved increase and the previously authorized balance.
The $150 billion addition marks the largest increase in a share repurchase authorization in history.
The increase adds to $85 billion in previously authorized share repurchases, bringing the remaining program to more than twice its size before the board’s latest decision.
“Nvidia’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,” said Jensen Huang, the company’s founder and chief executive officer.
“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.”
Shares of Nvidia were up over 2% on Monday morning.
