NVIDIA adds $150B to share repurchase authorization

NVIDIA Corporation said on September 28, 2026 that its Board of Directors authorized an additional $150 billion under the company’s existing share repurchase program, increasing the total remaining amount authorized to $235 billion and marking what the company called the largest share repurchase authorization increase in history.

NVIDIA just put a record-size capital-return marker on the table — not by completing a buyback tranche today, but by expanding how much stock its Board has authorized management to repurchase.

Board lifts remaining authorization to $235 billion

On September 28, 2026, NVIDIA’s Board of Directors authorized an additional $150 billion under the company’s existing share repurchase program. The company said that increase raises the total remaining amount authorized to $235 billion.

NVIDIA’s newsroom release and the matching GlobeNewswire wire both describe the move as the largest share repurchase authorization increase in history. The authorization expands capacity; it is not, by itself, a report that NVIDIA has already purchased $150 billion of stock.

Execution window through fiscal 2028

NVIDIA said it expects to execute the total remaining program through fiscal year 2028. That timeline is an expectation stated in the release, not a commitment to a fixed daily or quarterly repurchase pace.

Founder and CEO Jensen Huang tied the authorization to cash generation from the company’s AI and accelerated-computing platform: “NVIDIA’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,” he said. “Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders. This authorization reflects our confidence in the long-term opportunity ahead.”

What the disclosure settles — and what it does not

The September 28 release settles the Board’s additional $150 billion authorization, the $235 billion remaining program total, the company’s “largest … in history” characterization, and the expected execution window through fiscal 2028. It does not report how much stock NVIDIA will actually repurchase in any period, the price or timing of future open-market purchases, or a same-day Form 8-K accession for this authorization as of midday Eastern on September 28, 2026.

Sources & evidence

- NVIDIA Newsroom, “NVIDIA Announces a $150 Billion Share Repurchase Authorization Increase,” September 28, 2026 - GlobeNewswire wire of the same NVIDIA release, Sept. 28, 2026, 07:00 ET