Nvidia decided not to go small.
The company is adding another $150 billion to its share buyback program. As a result, the available limit grows to an incredible $235 billion.
And this isn’t just a pretty number. This move means management is ready to direct a huge amount of capital toward reducing the number of shares outstanding.
The market has already responded with a rise in premarket trading.
Now the other question is what Nvidia plans to implement this program by the end of 2028. It looks like the company is counting on a very long game.
$NVDA
The company is adding another $150 billion to its share buyback program. As a result, the available limit grows to an incredible $235 billion.
And this isn’t just a pretty number. This move means management is ready to direct a huge amount of capital toward reducing the number of shares outstanding.
The market has already responded with a rise in premarket trading.
Now the other question is what Nvidia plans to implement this program by the end of 2028. It looks like the company is counting on a very long game.
$NVDA