Nvidia adds $150 billion to share buyback authorization

Nvidia announced Monday that its board had added $150 billion to the company's existing share repurchase authorization. That raises the amount still approved for possible purchases to $235 billion. The company expects to execute the remaining program through its fiscal 2028, according to its own release, while Reuters and Cinco Días independently reported the announcement.

An authorization gives Nvidia permission to buy back shares; it does not mean the full sum has been spent or that every purchase is guaranteed. The distinction matters because the announced amount is unusually large. Reuters described the increase as the biggest in the history of stock repurchase authorizations, above Apple's $110 billion approval in 2024.

Nvidia linked the decision to cash generated by demand for artificial intelligence and accelerated computing. The plan also puts its capital allocation in focus: shareholders may benefit from repurchases, while the company continues to fund technology, capacity and partnerships. Its timetable remains a company expectation, subject to future business and market conditions.