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StocksMediumUpdated×5•Originally published 28 September 2026•Updated 28 September 2026•
1 min read

NVIDIA Authorizes History's Largest Share Buyback Increase of $150 Billion

Key Facts

1NVIDIA's Board of Directors authorized a $150 billion increase to its share repurchase program.
2The increase brings the total remaining share repurchase authorization to $235 billion.

NVIDIA announced that its Board of Directors authorized a $150 billion increase to its share repurchase program, bringing the total remaining capacity to $235 billion. GlobeNewswire reported that the authorization extends through fiscal 2028, surpassing the previous record held by Apple to become the largest buyback program in history. The company stated the move aims to return excess capital to shareholders.

NVDA shares rose 3% at the market open on September 28, 2026, following the announcement of the historic expansion. This gain occurred despite broader market pressure as the 10-year Treasury yield reached 5.23%. The stock previously closed at $225.07 on September 25, 2026, while AMD had closed at $630.63 and INTC at $123.00 on the same date.