Nvidia Stock Rises After $150 Billion Buyback Boost
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Nvidia Stock Rises After $150 Billion Buyback Boost Renato Neves, CFA Mon, September 28, 2026 at 10:48 AM EDT 1 min read NVDA This article first appeared on GuruFocus . Nvidia ( NASDAQ:NVDA ) rose 1.78% in premarket after its board authorized an additional $150 billion in share repurchases, lifting the total remaining under its existing program to $235 billion. Nvidia described it as the largest share repurchase authorization increase in history. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Is NVDA fairly valued? Test your thesis with our free DCF calculator. The company expects to use the full remaining amount through fiscal 2028, which ends in January 2028. CEO Jensen Huang tied the move to Nvidia's cash generation, saying it gives the company room both to invest in AI and accelerated computing and to return capital to shareholders. "This authorization reflects our confidence in the long-term opportunity ahead," he said. The announcement came on the same day Nvidia launched its Open Agent Safety Platform, software and a reference design aimed at keeping AI agents within set boundaries.
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