BuybackApr 23, 2026, 06:07 AM
Netflix Board Authorizes Additional $25 Billion Stock Buyback
AI Summary
Netflix's Board of Directors authorized an additional $25 billion for common stock repurchases, supplementing the existing program from December 2024. As of March 31, 2026, approximately $6.8 billion remained under the prior authorization. The new program has no expiration date and allows for repurchases through various methods, including open market transactions and accelerated plans, providing flexibility for management to execute based on market conditions.
Key Highlights
- Netflix authorized an additional $25 billion for common stock repurchase.
- This is in addition to the December 2024 repurchase program.
- Approximately $6.8 billion remained from the December 2024 authorization as of March 31, 2026.
- The new authorization has no expiration date.
- Repurchases may occur via open market, private transactions, or accelerated plans.