{
  "id": 10427804,
  "title": "Nvidia adds $150 billion to existing share repurchase plan",
  "url": "https://urgent.news/2026/09/28/nvidia-adds-150-billion-to-existing-share-repurchase-plan",
  "topic": "world",
  "section": "World",
  "published": "2026-09-28T11:06:37.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/nvidia-adds-150-billion-existing-share-repurchase-plan-6415626"
  },
  "original_language": "en",
  "account": "On September 28, Nvidia announced an unprecedented expansion of its share repurchase plan, committing an additional $150 billion to buy back shares. This marks the largest increase in authorization for a stock repurchase plan in company history. The Santa Clara, California-based technology giant reported a 1.7% rise in its stock price during premarket trading following the announcement.\n\nNvidia has been a leading beneficiary of the ongoing artificial intelligence (AI) revolution. The company's high-performance chips and associated technologies have fueled its rapid revenue growth. This monumental authorization brings the total amount of shares the company has pledged to repurchase through fiscal year 2028 to $235 billion. CEO Jensen Huang attributed this growth to a once-in-a-generation shift towards AI and accelerated computing.",
  "summary": null,
  "key_points": [
    "Nvidia expands share repurchase plan by $150 billion",
    "Company pledges $235 billion total for share buybacks",
    "CEO Jensen Huang credits AI-driven revenue growth"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Nvidia adds $150 billion to existing share repurchase plan",
        "url": "https://urgent.news/2026/09/28/nvidia-adds-150-billion-to-existing-share-repurchase-plan-10431019",
        "published": "2026-09-28T11:06:37.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Nvidia adds $150 billion to existing share repurchase plan",
        "url": "https://urgent.news/2026/09/28/nvidia-adds-150-billion-to-existing-share-repurchase-plan-10429917",
        "published": "2026-09-28T11:18:57.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Nvidia adds $150 billion to existing share repurchase plan",
        "url": "https://urgent.news/2026/09/28/nvidia-adds-150-billion-to-existing-share-repurchase-plan-10440425",
        "published": "2026-09-28T11:51:35.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Nvidia is boosting its share buyback program by a record $150 billion",
        "url": "https://urgent.news/2026/09/28/nvidia-is-boosting-its-share-buyback-program-by-a-record-150-billion",
        "published": "2026-09-28T12:30:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}