Netflix Authorizes New Stock Repurchase of $25 Billion
nashnova Research
The Netflix board of directors authorized a new $25 billion stock repurchase program on April 22, without a maturity date, and officially disclosed it through an SEC filing on Thursday.
As of the end of the first quarter this year, there was approximately $6.8 billion remaining in the previous repurchase program, and the company repurchased 13.5 million shares during Q1, spending about $1.3 billion.
Netflix's stock price fell by more than 13% within a week after the Q1 earnings report, currently trading around $93, down about 30% from the historical high of $134.12 during the intraday on June 2025.
Content is for reference only, not financial advice.