Nvidia Announces $150 Billion Share Buyback Through 2028
Nvidia unveiled a historic $150 billion share repurchase program, signaling strong confidence in its long-term growth prospects.
Nvidia Corp. announced a $150 billion share buyback program, one of the largest repurchase authorizations in corporate history, underscoring the chipmaker's bullish outlook on its future business trajectory. The company said the repurchases are authorized to run through January 2028.
The announcement reflects what Nvidia described as its "confidence in the long-term opportunity ahead," a signal to investors that leadership views the current share price as an attractive entry point and that the company expects to generate substantial cash flows over the coming years.
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Share buyback programs of this magnitude are typically interpreted by markets as a sign that a company believes its stock is undervalued relative to its earnings potential. For Nvidia, which has become a dominant force in artificial intelligence chip manufacturing, such a commitment also reinforces the notion that AI-driven demand is expected to remain robust well into the latter half of the decade.
The scale of the authorization places Nvidia among a small cohort of American companies — including Apple and Alphabet — that have pursued buybacks in the nine-figure range. Repurchases reduce the number of shares outstanding, which can boost earnings per share and return capital to shareholders without a direct cash dividend.
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