NVIDIA Unveils Record-Breaking Share Buyback Plan

NVIDIA's stock rose by 1.7% on September 28 after the company announced a massive expansion of its share repurchase program, authorizing an additional $150 billion for stock buybacks.

This represents the largest increase in a share repurchase authorization in history, surpassing Apple Inc.'s (AAPL) $110 billion authorization in 2024.

The new authorization increases NVIDIA's remaining buyback capacity to $235 billion and is expected to be executed through fiscal 2028.