Stocks & indices
Nvidia announces historic $150 billion buyback
Nvidia announced a $150 billion share buyback — one of the largest in the company's history.
The company intends to repurchase shares through January 2028, which it said reflects confidence in the long-term opportunity ahead.
For beginners A share buyback reduces the number of shares outstanding, which, all else equal, raises earnings per share and is often read by the market as a sign of management's confidence in the company's future.