09/28/2026 | Press release | Distributed by Public on 09/28/2026 05:08
News Summary:
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."