| Mobile Web

Nvidia expands share buyback by $150 billion to boost shareholder returns

Nvidia has approved an additional $150 billion for its share buyback programme, expanding it to the largest such increase on record. The decision lifts the company’s remaining buyback capacity to $235 billion, which Nvidia expects to execute through fiscal 2028. Chief Executive Jensen Huang said the company is generating significant cash and wants to return more to shareholders each year. Nvidia reported $22.44 billion in cash and cash equivalents at end-July.