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|12th April 2013, 08:53||#1|
Join Date: May 2010
NVIDIA to Return $1 Billion to Shareholders in Current Fiscal Year
NVIDIA today announced that it will return $1 billion this fiscal year to shareholders in the form of stock buybacks and dividend payments, including $100 million in stock being repurchased this quarter.
This will bring to $1.2 billion the total capital returned to shareholders since the company announced its quarterly dividend program in November 2012.
NVIDIA had previously disclosed the return of $200 million in capital to shareholders since November. This includes $100 million in shares repurchased in its fiscal fourth quarter ended Jan. 27, 2013 and $100 million in dividends paid in the current and previous quarters.
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