Nvidia Expands Share Repurchase Program
The company expects to complete the remaining repurchase program by fiscal year 2028, according to a statement issued Monday.
Nvidia founder and CEO Jensen Huang said the company’s growth is being fueled by the shift toward artificial intelligence and accelerated computing.
Huang said Nvidia’s strong cash generation allows it to continue investing in technologies supporting this transformation while also returning capital to shareholders.
He added that the expanded authorization reflects the company’s confidence in the long-term opportunities ahead.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.