NVIDIA Announces a $150 Billion Share Repurchase Authorization Increase
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NVIDIA has announced that its Board of Directors authorized a $150 billion increase to the company's share repurchase program. This significant addition raises the total remaining amount authorized for buybacks to $235 billion. The move marks the largest share repurchase authorization increase in corporate history. NVIDIA expects to execute this entire remaining program through fiscal year 2028. CEO Jensen Huang attributed the decision to the company's strong cash generation and confidence in long-term AI growth opportunities. He stated that the authorization reflects NVIDIA's capacity to invest in transformative technologies while returning capital to shareholders. The press release includes standard forward-looking statements regarding these financial plans.
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