NVIDIA Adds $150 Billion to Share Repurchase Authorization
2026-09-29 · 3 min read · AlphaGBM
At a glance
NVIDIA said on Sept. 28, 2026, that its board had authorized an additional $150 billion under the existing share repurchase program, increasing the total remaining authorization to $235 billion. The company expects to execute the full remaining program through fiscal year 2028, although the announcement did not specify the pace, purchase-price conditions or amounts for individual periods. Founder and CEO Jensen Huang said the platform shift to AI and accelerated computing is driving NVIDIA’s growth and that its cash generation provides capacity both to invest in technologies supporting that transformation and to return capital to shareholders. The release characterized statements about the execution timeline, growth drivers, cash generation and long-term opportunity as forward-looking. It cautioned that actual results could differ materially because of factors including global economic and political conditions, reliance on third parties for manufacturing and related operations, technological development and competition, market acceptance of products, and changes in laws and regulations. NVIDIA also said the forward-looking statements speak only as of the announcement date and are not guarantees of future performance.
Summary
NVIDIA said on Sept. 28, 2026, that its board had authorized an additional $150 billion under the existing share repurchase program, increasing the total remaining authorization to $235 billion. The company expects to execute the full remaining program through fiscal year 2028, although the announcement did not specify the pace, purchase-price conditions or amounts for individual periods. Founder and CEO Jensen Huang said the platform shift to AI and accelerated computing is driving NVIDIA’s growth and that its cash generation provides capacity both to invest in technologies supporting that transformation and to return capital to shareholders. The release characterized statements about the execution timeline, growth drivers, cash generation and long-term opportunity as forward-looking. It cautioned that actual results could differ materially because of factors including global economic and political conditions, reliance on third parties for manufacturing and related operations, technological development and competition, market acceptance of products, and changes in laws and regulations. NVIDIA also said the forward-looking statements speak only as of the announcement date and are not guarantees of future performance.