Netflix authorizes additional $25 billion share buyback program

Netflix Inc. (NASDAQ: NFLX) announced that its board of directors authorized the repurchase of an additional $25 billion of the company's common stock on April 22, 2026.

The new authorization supplements a previous share repurchase program approved in December 2024. Both programs operate without expiration dates. Netflix had approximately $6.8 billion available for repurchase as of March 31, 2026 under the December 2024 authorization.

The company stated that stock repurchases may be conducted through various methods, including open market purchases compliant with Rule 10b-18 under the Exchange Act, trading plans under Rule 10b5-1, privately-negotiated transactions, accelerated stock repurchase plans, and block purchases.

Netflix indicated it is not obligated to repurchase any specific number of shares. The timing and actual number of shares repurchased will depend on factors including stock price, economic conditions, business and market conditions, and alternative investment opportunities. The company may discontinue repurchases without notice at any time.

The information is based on a company press release statement.

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