Veytics Intelligence
2026-09-29 · Yahoo

NVIDIA's Stock Gains 1.7% as It Unveils Historic Buyback

NVIDIA Corporation NVDA has announced a massive expansion of its share repurchase program on Sept. 28, authorizing an additional $150 billion for stock buybacks. The move represents the largest increase in a share repurchase authorization in history, surpassing Apple Inc.'s (AAPL) $110 billion authorization in 2024. The new authorization increases NVIDIA's remaining buyback capacity to $235 billion. The company said it expects to execute the entire remaining program through fiscal 2028, giving it substantial flexibility to return capital to shareholders while continuing to invest heavily in artificial intelligence (AI) and accelerated computing.

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