# Nvidia adds $150 billion to buyback, its largest increase ever

> Nvidia's board added $150 billion to its buyback programme on 28 September.

*The board's move lifts total remaining authorisation to $235 billion, which Nvidia plans to spend by fiscal year 2028.*

By The FeaturedDaily Desk · FeaturedDaily
Canonical: https://featureddaily.com/news/nvidia-adds-150-billion-to-buyback-its-largest-increase-ever

**What happened:** Nvidia's board authorised an extra $150 billion for its share repurchase programme on Monday 28 September 2026, according to [Nvidia's announcement](https://nvidianews.nvidia.com/news/nvidia-announces-a-150-billion-share-repurchase-authorization-increase). That takes the total remaining authorisation to $235 billion, which Nvidia calls the largest share repurchase authorisation increase in history.

**The numbers:** Nvidia bought back nearly $20 billion of shares last quarter. In fiscal 2026 it repurchased 282 million shares for $40.4 billion.

**In their words:** Founder and chief executive Jensen Huang said: "NVIDIA's growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing." He added that Nvidia's cash generation gives it the capacity to invest in the technologies driving that shift and to return capital to shareholders, and that the increase reflects confidence in the long-term opportunity.

**The context:** Nvidia has raised this authorisation repeatedly: $80 billion in May 2026, $60 billion in August 2025 and $50 billion in August 2024.

**The catch:** The Motley Fool estimates the $235 billion equals about 4.3% of Nvidia's market value, or more than $39 billion of buybacks a quarter across the six quarters to the end of fiscal 2028.

**Why it matters:** Nvidia is the world's most valuable company. Shares traded about 3% higher after the news, [CNBC reported](https://www.cnbc.com/2026/09/28/nvidia-share-buyback-plan-gets-150-billion-boost.html), reversing a 3.7% fall tied to broader caution over AI spending. The stock is up about 20% this year.

**What's next:** Nvidia expects to execute the full $235 billion programme through fiscal year 2028. Huang has been playing down concerns about an AI bubble: in August Nvidia projected about 70% sales growth for its next fiscal year, and this month he said Nvidia would double the number of chips it sells in 2027.

## Key takeaways

- Total authorisation now $235 billion, the largest increase in history
- Shares rose about 3% after the announcement, up 20% this year
- Nvidia aims to complete the buyback by fiscal year 2028

## Sources

- [NVIDIA Announces a $150 Billion Share Repurchase Authorization Increase](https://nvidianews.nvidia.com/news/nvidia-announces-a-150-billion-share-repurchase-authorization-increase) — NVIDIA, 2026-09-28
- [Nvidia share buyback plan gets $150 billion boost](https://www.cnbc.com/2026/09/28/nvidia-share-buyback-plan-gets-150-billion-boost.html) — CNBC, 2026-09-28