Nvidia expands stock buyback by $150 billion
Nvidia announced on Monday a $150 billion increase to its share repurchase program, bringing its total buyback authorization up to $235 billion. This is the largest corporate buyback authorization in history, according to multiple reports. The boost comes as Nvidia sees continued growth from AI-related demand for its chips. The company expects to execute the program through its fiscal 2028.
- Buyback authorization now totals $235 billion
- Company cited AI demand as a growth driver
- Repurchase program expected through fiscal 2028
- Largest single stock buyback in market history
Sources covering this
How it unfolded
- CNBC Nvidia share buyback plan gets $150 billion boost
- Economic Times Tech Nvidia adds $150 billion to existing share repurchase plan
- Business Insider Nvidia is repurchasing $150 billion of stock in the biggest buyback in market history
- New York Times Nvidia Adds $150 Billion to Massive Stock Buyback, the Largest Ever
- The Guardian Nvidia unveils security platform to rein in AI agents and $150bn stock buyback
- CNET Nvidia’s $150 Billion Buyback: A Lifeline for AI Hype, Not Everyday Investors
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