Nvidia’s board authorized an additional $80 billion in share repurchases, bringing total buyback capacity to approximately $118.5 billion. Quarterly revenue hit a record $81.6 billion in fiscal Q1 2027, an 85% year-over-year increase, including $75.2 billion from the Data Center division alone, up 92%. The company returned roughly $20 billion to shareholders during the quarter through buybacks and dividends, with a target of distributing about 50% of annual free cash flow. The quarterly dividend was increased from $0.01 to $0.25 per share, a 25-fold jump.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
