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Nvidia approved an additional $150 billion in share buybacks, taking its remaining authorisation to $235 billion through fiscal 2028. The record repurchase expansion reflects surging AI-driven cash flows, alongside continued investment in data centres, hardware, networking and infrastructure partnerships.
TradingKey - On September 28, Eastern Time, Nvidia (NVDA) shares bucked the trend and gained amid broader pressure on technology stocks, driven primarily by its newly announced massive stock buyback plan. On September 28, Nvidia announced that its board of directors approved an additional $150 billion for its existing…
Nvidia Corp. NASDAQ:NVDA shares hit a fresh all-time high on Friday after the board approved an additional $150 billion share repurchase authorization.The new program lifts Nvidia’s remaining buyback capacity to about $235 billion through fiscal 2028.Analysts estimate the buyback could shrink the s…