BEGIN:VCALENDAR VERSION:2.0 PRODID:-//PYVOBJECT//NONSGML Version 1//EN BEGIN:VTIMEZONE TZID:Asia/Shanghai BEGIN:STANDARD DTSTART:20000101T000000 RRULE:FREQ=YEARLY;BYMONTH=1 TZNAME:CST TZOFFSETFROM:+0800 TZOFFSETTO:+0800 END:STANDARD END:VTIMEZONE BEGIN:VEVENT UID:20261107T171706Z - 9638@iZuf69e0i0z4ibdboqb33jZ DTSTART;TZID=Asia/Shanghai:20261114T130000 DTEND;TZID=Asia/Shanghai:20261114T150000 CREATED:20261107T171705Z DESCRIPTION:Why Nvidia Is Buyin g Back $235 Billion Of Its Own Shares\nWhy would Nvidia spend billions buying its own shares when it could use that money to build new chips\, h ire engineers or expand into new markets? Join Omar\, Popcorn Club’s tec h expert\, for a discussion about share buybacks: what they are\, why comp anies use them and when they make good business sense. We’ll start with a simple idea: when a company buys back shares and fewer remain outstandin g\, each remaining share represents a larger slice of the company. But wha t makes that slice more valuable? And what happens if the company pays too much for its own stock? Then we’ll put ourselves in Nvidia’s shoes. I f you had billions in cash\, what would you do with it: invest in the next big idea\, keep it for an uncertain future or return some of it to shareh olders? What would make a buyback a sign of confidence\, and what might ma ke it a missed opportunity? No investing or tech background is needed. Oma r will explain the mechanics in plain English\, and we’ll compare our ch oices to see what they reveal about how a business weighs growth today aga inst value for shareholders over time. 英伟达为什么愿意花几十 亿美元买自家股票，而不是拿这些钱去造新芯片、招工 程师或者开拓新市场？跟着 Omar 来聊一场讨论吧。他是 P opcorn Club 的科技专家。这次聊股票回购：它到底是什么 、公司为什么用、什么时候在商业上说得通。我们先从 一个简单的概念开始：当一家公司回购股票，流通在外 的股票变少了，剩下的每一股就代表公司更大的一块。 但为什么这一块会更值钱？如果公司为自己股票付的价 格太高，又会怎样？ 然后我们把自己放到英伟达的位置 上。如果你手里有几十亿现金，你会怎么用：投下一个 大想法、留着应对不确定的未来，还是把一部分还给股 东？什么会让一次回购成为信心的信号，又是什么可能 让它变成一个错过的机会？不需要任何投资或科技背景 。Omar 会用大白话把机制讲清楚，我们也会比较各自的选 择，看看它们揭示了企业在“今天的增长”和“长期的 股东价值”之间是怎么权衡的。 DTSTAMP:20261107T171706Z LOCATION:静安区\, 大田路129弄1-1号嘉发大厦A栋\, Shanghai SUMMARY:Why Nvidia Is Buying Back $235 Billion Of Its Own Shares END:VEVENT END:VCALENDAR