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Monday, November 03, 2025 1:20:25 PM
NFLX 10:1 Split (Nov 17 will begin trade split adjusted)
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 is 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.
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 is 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.
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