Finance
Nvidia plans US$150bn share buyback as gains slow
The Financial Times reports the chipmaker’s planned repurchases as share-price gains have eased this year.
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Owen Mercer
Markets and Finance Editor
Published
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Source: Financial Times · View original source
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Nvidia plans to buy back US$150 billion of its shares, according to the Financial Times, which describes the proposed programme as a record.
The report says the plan comes as gains in Nvidia’s share price have slowed this year. It provides no further explanation for the timing.
The supplied report summary does not give details on the buyback’s schedule or terms. It reports a plan to repurchase shares; it does not say the purchases have begun or been completed.
The Financial Times’ description of the programme as a record is not independently substantiated in the supplied material.
