Nvidia Launches Biggest U.S. Stock Buyback to Date
Dow Jones20:24
0823 ET - Nvidia is launching the largest-ever U.S. stock buyback. The chip maker says its board approved a $150 billion increase to its share-repurchase program, bringing its total authorization to $235 billion. The chip giant's new authorization eclipses the $110 billion stock buyback that Apple unveiled in May 2024. Nvidia ticks up 1.8% premarket.
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