NVDA · 10-Q · 2026Q2 · Full report

Capital Return Program

NVIDIA CORP · 2026-05-20 · Importance 71 · Surprise 60 · In source text

In Q1 FY2027 NVIDIA repurchased 108 million shares for $20.2 billion and, as of April 26, 2026, had authority to repurchase up to $38.5 billion subject to specifications. On May 18, 2026, the Board approved an additional $80.0 billion in share repurchase authorization with no expiration. NVIDIA paid $243 million in cash dividends during Q1 FY2027 and increased its quarterly cash dividend to $0.25 per share on May 18, 2026, payable June 26, 2026 to shareholders of record on June 4, 2026. The company noted repurchases may be executed in the open market, in privately‑negotiated transactions, under Rule 10b5‑1 plans, or structured agreements and may be suspended at any time.

Key facts

• On May 18, 2026, NVIDIA increased its quarterly cash dividend from $0.01 per share to $0.25 per share to shareholders of record on June 4, 2026, with the quarterly cash dividend to be paid on June 26, 2026. source
• On May 18, 2026, NVIDIA's Board approved an additional $80.0 billion in share repurchase authorization, without expiration. source
• In Q1 FY2027, NVIDIA repurchased 108 million shares of common stock for $20.2 billion. source
• As of Apr 26, 2026, NVIDIA was authorized to repurchase up to $38.5 billion of common stock. source
• NVIDIA paid cash dividends of $243 million during the first quarter of fiscal year 2027. source
• Cash used in financing activities increased in Q1 FY2027 compared to Q1 FY2026, mainly due to higher share repurchases. source
• The U.S. Inflation Reduction Act requires a 1% excise tax on certain share repurchases made after December 31, 2022; the excise tax was included in share repurchase cost and was not significant for Q1 FY2027. source

Impact estimates