Overview
- NVIDIA’s Board approved a $150 billion increase to its share repurchase program, raising the remaining authorized total to $235 billion according to the company’s press release.
- The firm said it expects to carry out the total remaining repurchase program through fiscal year 2028 as part of a multi-year capital-return plan.
- NVIDIA reported outsized Data Center revenue and strong free cash flow this quarter and announced a larger quarterly dividend, which executive statements tied directly to cash from AI-related demand.
- Earlier reporting had described a different buyback tally — an $80 billion approval and roughly $118.5 billion remaining — but NVIDIA’s official release provides the confirmed $150 billion figure.
- Analysts and the company note this is one of the biggest repurchase-authority increases ever, and the move could shift how NVIDIA allocates cash to R&D, manufacturing partners, and shareholders while leaving the company exposed to supply and export-control risks.