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المشهد العربي
NVIDIA launches biggest US share buyback
Nvidia has approved an exceptional share buyback program valued at $150 billion, bringing the total authorized amounts to $235 billion, making it the largest program of its kind in the history of American companies. The share repurchase operations will continue until 2028. This move comes as the company benefits from the growing global demand for artificial intelligence technologies, surpassing Apple's plan to allocate $110 billion for share repurchases in 2024, reflecting the company's record-breaking cash flows.
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