Netflix, Inc. Reports Ten-For-One Stock Split
Summary
Netflix, Inc. announced on October 30, 2025, that its Board of Directors approved a ten-for-one forward stock split of the Company's common stock (via Ex. 99.1 press release). This action aims to reset the market price of the common stock to a range more accessible to employees participating in the Company's stock option program. Shareholders of record as of November 10, 2025, will receive nine additional shares for every share held, with trading on a split-adjusted basis expected to commence on November 17, 2025. The split will be effected through an amendment to the Company's Amended and Restated Certificate of Incorporation.
Why It Matters
The ten-for-one stock split, as announced in Exhibit 99.1, is a significant corporate action designed to make the company's common stock more accessible to employees in its stock option program, potentially enhancing employee engagement and retention.
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Filing Details
Reported Items
Additional Information
- CIK Number
- 0001065280
- Filing Date
- Thursday, October 30, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- medium
- Sentiment
- positive