Nvidia added a record $150 billion to its share buyback
On Monday Nvidia raised its buyback authorisation by $150 billion, taking the total it can spend on its own shares to $235 billion through fiscal 2028.
What this meansA buyback takes shares off the market, so each remaining share owns a bigger slice of the profits. It is also a statement about cash.
SourceNVIDIA · CNBC · Yahoo Finance
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