Nvidia announced on 28 September 2026 that its board had authorised an additional $150 billion under the company’s existing share-repurchase programme. The Santa Clara-based company issued the measure in an official release.

According to Nvidia, remaining authorised capacity thereby rises to $235 billion. The remaining programme is expected to be executed through fiscal 2028. That timetable is the issuer’s intention, not a commitment to buy shares every day.

An authorisation raises the ceiling within which the board may buy back its own stock. It does not mean the full amount will be spent at once, and it is not investment advice. Timing depends on company decisions, price, liquidity and the capital needed for chip investment.

The release presents the increase as the largest of its kind announced to that point. Comparisons with earlier programmes, including authorisations by other issuers, are read from those companies’ own notices, not from an unofficial ranking.

Nvidia ended the July quarter with tens of billions of dollars in cash and equivalents, on demand for processors used in artificial intelligence. Cash on hand is not the same as the sum authorised for repurchases.

The AI-chip market remains competitive. The authorisation does not announce a market share, a future quarter or a price target. Quoted prices move independently of the release.

For the exact terms of the programme, the reference is the company’s announcement. A retrospective note records the ceiling and the fiscal horizon, not an execution chart that does not yet exist.

Image: Coolcaesar, Nvidia headquarters, 4 August 2018, CC BY-SA 4.0, Wikimedia Commons. Not the 28 September 2026 announcement. Cropped to 16:9.

Source consulted: NVIDIA Announces a $150 Billion Share Repurchase Authorization Increase — NVIDIA.