The impact of this share buyback would result in reduction of total share count. It means that fewer shares drive the underlying intrinsic value of NVIDIA share price.
On top of that, NVIDIA has increased its quarterly cash dividend from a USD 0.01 per share to USD 0.25 per share.
The calendar says it is May but the ledger says it is Christmas for Nvidia's shareholders.
Kudos to Jensen Huang for he has shown that when NVIDIA holds an ironclad monopoly over a USD 1 Trillion Blackwell & next generation Rubin chips, a centuries old British saying like "Sell in May" doesn't stand a ghost of a chance.
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