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NVIDIA Adds Record $150 Billion to Stock Buyback Program
2 day ago /
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Author：小编
Benefiting from ample funds generated by the AI boom, NVIDIA has launched the largest stock buyback program in U.S. history. NVIDIA announced on Monday that its board of directors has approved an additional $150 billion in share repurchases, bringing the company's total buyback authorization to $235 billion. During Monday's presentation, NVIDIA revealed that its investment portfolio includes 13 publicly traded companies and 229 privately held startups, with returns from exited investments exceeding three times the initial capital invested. The company plans to utilize excess free cash flow generated from investments to reward shareholders through stock buybacks and 'steadily increasing dividends.'
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