Nvidia Adds $150 Billion to Share Buyback Program, Setting a New U.S. Record at $235 Billion Total

Nvidia's board of directors has authorized an additional $150 billion in share repurchases, raising the total remaining buyback pool to $235 billion, the largest share repurchase authorization in U.S. corporate history. The company says it expects to deploy the full $235 billion through fiscal year 2028, covering both the newly approved amount and the previously authorized balance.

CEO Jensen Huang said the expansion reflects confidence in Nvidia's cash generation capacity and the durability of long-term artificial intelligence demand. The move is underpinned by $134.3 billion in trailing twelve-month operating cash flow, alongside 83% revenue growth and net profit margins above 63%.

Nvidia shares surged toward record highs following the announcement, according to Barron's, with investors treating the program as a strong signal of management's conviction in the company's financial trajectory.