Nvidia Announces Record $150 billion Share Buyback Approval
NVDA NVIDIA Corp
$214.13 -1.43%
View chart & analysis → - 1Nvidia (NVDA) announced that its board of directors has approved a $150 billion share buyback
- 2The company stated this is the largest ever, and the board has a total buyback capacity of approximately $250 billion
- 3Opinions among panelists were divided on whether the size is sufficient, as it represents about 2% of the market capitalization
So what's the key point?
Nvidia has decided to buy back $150 billion worth of its own shares, the largest amount in the company's history. However, opinions were split on whether this is large enough since it is about 2% of the company's total value.
Source The Motley Fool +1 · View original ↗
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