Netflix stock split: Netflix announces 10-for-1 stock split - Bundlezy

Netflix stock split: Netflix announces 10-for-1 stock split

Netflix (NASDAQ: NFLX) announced on Thursday that it intends to implement a ten-for-one forward stock split of its common shares — a decision that made the streaming giant’s stock up more than 2% in after-hours trading.

In a statement, the company described, “The purpose of the stock split is to reset the market price of the company’s common stock to a range that will be more accessible to employees who participate in the Company’s stock option program.”

As per Netflix, shareholders recorded as of the close of trading on Monday, November 10, 2025, will get nine extra shares for each share held. These additional shares will be distributed following the close of trading on Friday, November 14, 2025, and trading on a split-adjusted basis will commence at market open on Monday, November 17, 2025.
The stock split will be implemented through an amendment to Netflix’s Amended and Restated Certificate of Incorporation, emphasizing the company’s plan to make its shares more available to employees and small-scale investors alike.

Netflix cited in its press release that it now has more than 300 million paid memberships over 190 countries, providing a variety of catalog of TV series,movies, and games across several genres and languages.


This development represents a significant corporate milestone for the streaming powerhouse, showcasing its continued confidence in sustained growth while advancing participation through the employee stock option initiative.

FAQs:

1. What is a stock split?
A stock split expands the number of shares in circulation by dividing existing ones.2. Why does a company perform a stock split?
Firms split shares to make them more affordable for investors and employees.

Source link

The post Netflix stock split: Netflix announces 10-for-1 stock split appeared first on Veritas News.

About admin