New York, Sept 28, 2026 (AFP) - AI giant Nvidia authorizes record $150 bn share buyback

NAMPA / AFP

2026-09-28

American chip giant Nvidia announced Monday that its board of directors has authorized $150 billion in share buybacks, setting a new record. Combined with previously authorized amounts, the company's overall buyback program now totals $235 billion, which Nvidia expects to complete by the end of its fiscal year 2028 in January. The announcement far surpasses Apple's previous record of $110 billion, authorized in 2024. A stock buyback is when a com......

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