Netflix Approves 10-for-1 Stock Split
By Paul Ziobro
The board of Netflix has approved a 10-for-one stock split to help bring its lofty stock price down to a level more accessible to employees.
The streaming company on Thursday said that the split it intended to reset the market price of Netflix shares, which closed Thursday at $1,089, to a range that will be easier to access for employees who participate in its stock option program.
Each shareholder of record as of the close on Nov. 10 will receive, after the close of trading on Nov. 13, nine additional shares for every share held on the record date.
Trading is expected to begin on a split adjusted basis at the market open on Nov. 17.
Shares of Netflix are up about 45% over the past year.
Write to Paul Ziobro at paul.ziobro@wsj.com
Corrections & Amplifications
This article was corrected at 7:52 p.m. ET to reflect Netflix shares are up about 45% over the past year. The original version incorrectly said that shares are down about 45% over the past year in the last paragraph.
(END) Dow Jones Newswires
October 30, 2025 16:39 ET (20:39 GMT)
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