Technology
Bullish
Nvidia board adds $150 billion to share buyback authorization
Image: Crypto BriefingNvidia's board increased its share repurchase authorization by $150 billion. The increase raises total remaining repurchase authority to $235 billion. Nvidia shares rose after the announcement. The company executed $39.8 billion in buybacks during the first half of fiscal 2027. The authorization follows an earlier $80 billion increase in May 2026. Nvidia said the remaining program is expected to run through fiscal 2028, and buybacks may be made from time to time or suspended at its discretion.
Key points
- Nvidia authorized a $150 billion increase to its share repurchase program.
- The increase brings total remaining repurchase authorization to $235 billion.
- Nvidia shares rose after the buyback announcement.
- Nvidia repurchased $39.8 billion of stock in the first half of fiscal 2027.
Why it matters
The buyback raises Nvidia's remaining repurchase authority and comes as its shares rose. The authorization is not a commitment to buy the full amount immediately, and Nvidia says repurchases may be suspended at its discretion.
What's unclear
The reports give different July-quarter cash figures: $56.6 billion in cash, cash equivalents and marketable debt securities versus $22.44 billion in cash and cash equivalents.
Sources · 2 publishers
Crypto Briefing
Tier 2
Nvidia announces historic $150 billion buyback, highlighting Big Tech divide
Coverage timeline
- First reported by The Crypto Basic
- Confirmed by Crypto Briefing
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
