Nvidia adds $150 billion to its buyback, lifting remaining authorization to $235 billion

Nvidia's board has authorized an additional $150 billion for the company's existing share repurchase program, the chipmaker said in a Sept. 28 announcement.

The increase brings the total remaining authorization to $235 billion. Nvidia said it expects to execute the full remaining program through fiscal year 2028.

The company described the move as the largest share repurchase authorization increase in history.

What management said

Chief Executive Jensen Huang tied the authorization to the company's cash generation. "Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders," Huang said in the release. He added that the authorization "reflects our confidence in the long-term opportunity ahead."

What to watch

Nvidia did not give a quarterly pace for the purchases in the announcement. Investors can track how much of the $235 billion is used in the company's quarterly reports, which disclose repurchase activity.

Sources

1. NVIDIA Corporation press release, "NVIDIA Announces a $150 Billion Share Repurchase Authorization Increase," Sept. 28, 2026, NVIDIA investor relations website

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