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NVIDIA expands buyback authorization by $150 billion to $235 billion
The expansion lifts NVIDIA to a total remaining buyback authorization of $235 billion, which the company says is the largest in corporate history.
NVIDIA announced a major increase to its share repurchase authorization, adding $150 billion to its program and bringing total remaining authorization to $235 billion.
MarketBeat Ratings notes that NVIDIA described the figure as the largest buyback authorization in corporate history and framed it as confidence in its outlook.
The update also references other AI-linked names that announced buyback moves, including MongoDB and Talen Energy, each expanding programs totaling $1.35 billion and $3.0 billion, respectively.