Nvidia announces record-breaking share buyback, projected to surpass $6 trillion market cap
NVDA NVIDIA Corp
$239.24 +0.14%
View chart & analysis → - 1Nvidia has approved an additional $150 billion share buyback.
- 2Nvidia's stock rose 28% this year, bringing its market capitalization to $5.8 trillion.
- 3CEO Jensen Huang stated that this approval reflects confidence in future long-term opportunities.
So what's the key point?
Nvidia has decided to buy back an additional $150 billion of its own shares. This indicates the company's confidence in its future growth.
Source Yahoo Finance · View original ↗
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