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Press release, May 22; Joseph Tsai, DIGITIMES

Nvidia has announced a stock repurchase program under which Nvidia may purchase up to US$1 billion of its common stock. Since authorizing its first stock repurchase program in August 2004, Nvidia has spent US$613.1 million to repurchase 31.4 million shares of its common stock.

The repurchases will be made on the open market, in privately negotiated transactions, or in structured share repurchase programs, and may be made from time to time or in one or more larger repurchases.

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