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Nvidia authorizes $150B more buybacks, total $235B

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Story summary
  • Nvidia announced an additional $150 billion share-repurchase authorization, raising total buyback approval to $235 billion.
  • Nvidia bought back $39 billion in the first two quarters of fiscal 2027, nearly matching fiscal 2026 repurchases.
  • Nvidia shares rose about 3% on Monday, bringing year-to-date gain to roughly 24%.
  • Nvidia pledged to return at least 50% of free cash flow to shareholders via buybacks and dividends.