Netflix's Board of Directors has approved a new stock repurchase program, authorizing the company to buy back an additional $25 billion of its common stock. This new authorization, announced on April 22, 2026, supplements the company's existing program and has no set expiration date.
Key Details
- New Authorization: The Board approved an additional $25 billion for stock repurchases.
- Existing Program: As of March 31, 2026, approximately $6.8 billion remained available for repurchase under the prior authorization from December 2024.
- Terms: The repurchase program has no expiration date and may be executed through open market purchases, privately-negotiated transactions, or other methods at management's discretion.