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Nvidia boosts share buyback authorization by $150b
Nvidia said on September 28 that it authorized an additional US$150 billion for share repurchases, raising its total buyback authorization to US$235 billion as spending on AI remained high.
The expanded program allows Nvidia to buy back more of its own shares.
The company said the increase marks the largest share repurchase authorization increase in history.
The company did not say how quickly it plans to use the authorization.
🔗 Source: CNBC
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