NVIDIA Announces Extension of Its Stock Repurchase Program - RSG Clan

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11-19-2010, 02:24 PM

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NVIDIA Announces Extension of Its Stock Repurchase Program

SANTA CLARA, CA (Marketwire) - NVIDIA Corp. (NASDAQ: NVDA) today announced an extension of its existing stock repurchase program, under which it may purchase up to $2.7 billion of its common stock through May 2013. Prior to this three-year extension, the program had been set to expire in May 2010. Since initially authorizing its stock repurchase program in August 2004, NVIDIA has spent $1.46 billion to repurchase 90.9 million shares of its common stock.

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