Trending Now - Netflix Unveils Ambitious $25 Billion Stock Repurchase Plan

WHO:

Deadline - Netflix, a streaming giant, has a board that authorized the stock buyback.

Yahoo Finance - Reed Hastings, co-founder and Chairman of Netflix, will exit the company in June 2026.

WHAT:

Deadline - Netflix announced a $25 billion stock buyback to restore momentum for its shares.

Yahoo Finance - The new share repurchase program is in addition to a previously authorized $6.8 billion buyback from December 2024.

Yahoo Finance - Netflix shares rose 1.5% in premarket trading following the announcement.

Yahoo Finance - Netflix received a $2.8 billion termination fee from Paramount Skydance related to a proposed $110 billion acquisition of Warner Bros Discovery.

WHERE:

Yahoo Finance - The announcement was made in an SEC filing.

WHEN:

Deadline - The stock buyback was announced on April 23rd, 2026.

Yahoo Finance - The previous buyback plan was authorized in December 2024.

Yahoo Finance - Netflix walked away from the Warner Bros deal in February 2026.

Yahoo Finance - Reed Hastings will exit Netflix in June 2026.

WHY:

Deadline - The stock buyback aims to restore momentum for Netflix shares after the failed Warner Bros acquisition.

Yahoo Finance - Analysts expect Netflix to refocus on growth areas including advertising, live programming, and sports.

HOW:

Yahoo Finance - The new buyback program has no expiration date and follows a series of growth initiatives by Netflix, including acquiring Ben Affleck's AI film-tech firm InterPositive and raising subscription prices in the U.S.

(UPDATED April 23, 2026 15:36 UTC)

Netflix has announced a significant $25 billion stock buyback aimed at restoring momentum for its shares, which comes after the company received a $2.8 billion termination fee from Paramount Skydance related to a proposed acquisition of Warner Bros Discovery. Co-founder and Chairman Reed Hastings will exit the company in June 20th26, and this new buyback program adds to a previously authorized $6.8 billion repurchase from December 20th24. Following the announcement, Netflix shares rose 1.5% in premarket trading, as the company looks to refocus on growth areas including advertising, live programming, and sports.