Netflix board authorizes an additional $25B share buyback with no expiration

On April 22, 2026, Netflix's board authorized repurchases of an additional $25 billion of common stock, on top of the December 2024 program. The new authorization has no expiration date. About $6.8B remained under the December 2024 program as of March 31, 2026.

• New authorization: $25B, without an expiration date
• About $6.8B remained under the December 2024 program at March 31, 2026
• Netflix repurchased 13.5M shares for $1.3B in Q1 2026