Netflix (NFLX) Tops Q3 EPS by 24c; Subs Beat

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Netflix (NFLX) raises buyback plan by $10 billion

October 18, 2023 4:57 PM EDT

With earnings, Netflix (NASDAQ: NFLX) announced it raised its buyback authorization by $10 billion.

From the company: "Consistent with our policy to return excess cash above our minimum cash requirement , we repurchased 7 $2.5B of our stock (or 6M shares) under our original $5B... More