NVIDIA is buying back its own stock in an effort to return money to shareholders.
As part of NVIDIA’s latest earnings release, the company shared updates on other aspects of its business. This included the announcement that NVIDIA has added $80 billion to its share buyback program.
The announcement can be found in NVIDIA’s Q1 FY27 earnings release. With this move, the tech company is looking to increase its quarterly cash dividend from $0.01 per share to $0.25 per share.
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