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Netflix announces $25 billion share buyback.
companies :: 2026-04-23 :: source - Reuters
By Reuters
(Reuters) - Netflix on Thursday said its board authorized an additional $25 billion share repurchase program, on top of a buyback approved in December 2024, with no expiration date.
Shares of the streaming giant rose 1.5% in premarket trading.
Netflix had previously said it planned to resume share repurchases while investing about $20 billion this year in films and television, after walking away from a deal to buy Warner Bros Discovery assets.
(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Tasim Zahid)
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