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Story summary
- Netflix’s board authorized an additional $25 billion share-repurchase program on April 22, 2026.
- The authorization builds on the December 2024 buyback, carries no expiration, and leaves $6.8 billion still available as of March 31, 2026.
- Netflix repurchased 13.5 million shares for about $1.3 billion in Q1, which raised cash to $12.3 billion after a $2.8 billion termination fee from Paramount’s higher offer when Netflix abandoned the Warner Bros. deal.
- Netflix shares closed at $93.24 per share on April 22, 2026, after the buyback announcement.
