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Nvidia authorizes $150B buyback increase, total hits $235B

By Drooid · Oct 3, 2026, 6:08 PM UTC · How we work

Summary

Story summary

Nvidia authorized a $150 billion increase to its share repurchase program, raising total buybacks to $235 billion.
The $150 billion boost exceeds Apple’s $100 billion additional buyback authorization announced on April 30.
In the latest quarter Nvidia spent $19.7 billion on buybacks and $6 billion on dividends, outpacing Apple.
Nvidia’s forward price-to-earnings ratio is 24.6, compared with Apple’s 38.3, indicating lower valuation.
CEO Jensen Huang said the buyback shows confidence in AI-driven growth and cash-generation capacity.

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Story summary

Nvidia authorized a $150 billion increase to its share repurchase program, raising total buybacks to $235 billion.
The $150 billion boost exceeds Apple’s $100 billion additional buyback authorization announced on April 30.
In the latest quarter Nvidia spent $19.7 billion on buybacks and $6 billion on dividends, outpacing Apple.
Nvidia’s forward price-to-earnings ratio is 24.6, compared with Apple’s 38.3, indicating lower valuation.
CEO Jensen Huang said the buyback shows confidence in AI-driven growth and cash-generation capacity.