Jun. 26 at 8:55 PM
$NFLX Have to assume some buybacks today. We'll definately know by July 16, if not sooner, on volume/cost of share repurchase program since April. Board authorized (April 22/23, 2026) an additional
$25 billion share repurchase (no expiration) on top of a previous authorization from December 2024, which still had about
$6.8 billion remaining as of the end of Q1 2026. The new program has no expiration date. It’s one of the largest buybacks in Netflix’s history and signals strong confidence in the company’s cash generation and valuation. The
$25B figure even exceeds Netflix’s full 2026 content budget (~
$20B)