NVIDIA Shatters Expectations with Unprecedented $150B Share Buyback

In an unprecedented move in corporate history, NVIDIA Corporation (NASDAQ: NVDA) has announced a record-shattering $150 billion increase to its share repurchase program. This is the largest single share buyback authorization increase ever made by any company. The announcement, made on September 28, 2026, escalates NVIDIA’s total remaining buyback authorization to an astounding $235 billion. The company plans to execute this through fiscal year 2028.

The AI chip behemoth, based in Santa Clara, California, currently holds a market capitalization of approximately $5.42 trillion. With shares surging 24% over the past 12 months, CEO Jensen Huang views the announcement as a clear expression of confidence in the company’s AI-driven growth engine. “Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders,” Huang stated.

Analysts highlight that NVIDIA generated an astonishing $74.4 billion in operating cash flow in just the first half of fiscal year 2027. This was achieved while still returning $46.1 billion to shareholders. This achievement underscores its unique ability to simultaneously fund aggressive AI expansion and reward investors. Historical data reveals NVIDIA shares have typically gained around 24% in the 12 months following a major buyback announcement, adding to the bullish sentiment surrounding the stock.

Source: NVIDIA Newsroom | CNBC