Nvidia Adds $150 Billion to Share Buyback

Nvidia’s (NVDA) board has authorized an additional $150 billion for the company’s share repurchase program, marking a major expansion of its capital return plans. The new approval lifts Nvidia’s remaining buyback capacity to about $235 billion, positioning the chipmaker to return a substantial amount of cash to shareholders over the coming years.

The size of the increase stands out even in the context of large U.S. corporations. Reports have described the $150 billion expansion as the largest single U.S. corporate buyback authorization, exceeding a previously announced $110 billion authorization by Apple (AAPL).

Several reports indicate that Nvidia expects to deploy the expanded authorization through fiscal 2028. Other coverage has cited a different endpoint, underscoring that while the company has laid out a multi‑year timeframe, the precise completion date is not uniformly described across reports.

The remaining $235 billion in authorized repurchases gives Nvidia considerable flexibility in managing its capital structure. The authorization sets an upper limit on potential buybacks but does not obligate the company to repurchase a specific amount of stock within a set period.

The announcement of the expanded share repurchase plan coincided with a positive move in Nvidia’s stock price. Reports stated that the shares rose about 2% in Monday trading following the news of the additional authorization.

The stock’s advance reflects investor attention on the scale of the program and the signal it sends about Nvidia’s cash generation and willingness to return capital to shareholders. The combination of a record‑sized authorization and a multi‑year deployment plan has become a key focus for market participants assessing the company’s financial strategy.