Nvidia increases share buyback approval by $150B as AI revenue machine keeps printing cash
Nvidia added $150 billion to its share repurchase authorization, bringing the remaining total to $235 billion. The company said it expects to finish the repurchases by the end of fiscal 2028, and one report noted the stock traded higher in premarket on September 28.
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Nvidia shareholders and people following the stock can see that the company set a larger repurchase authorization and pointed to a timeline running through fiscal 2028. One report also said the shares were higher in premarket on September 28, so the move was visible in trading that morning.
In practice, the company now has more room to buy back stock than before, while the stated plan still runs through fiscal 2028 and the company says it continues investing in artificial intelligence and accelerated computing. The reports do not change the buyback mechanics beyond that larger authorization and the same end-date guidance.
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