AI News Hub Logo

AI News Hub

Netflix authorises $25 billion share buyback after stock falls 10% on Q1 earnings

The Next Web
Ana-Maria Stanciuc

The $25B programme has no expiration date and sits on top of a December 2024 authorisation that still had $6.8B remaining. Netflix’s board approved it on 22 April. Shares rose 1.5% in premarket trading on the news, after falling as much as 10.8% following the Q1 report on 16 April. Netflix’s board authorised an additional […] This story continues at The Next Web