Netflix approves $25 billion buyback, signals return to shareholder payouts

Netflix on Thursday (April 23) said that it approved a fresh $25 billion share buyback program. This development signals a renewed focus on returning capital to shareholders after stepping away from a potential $72 billion acquisition of Warner Bros. Discovery assets.

The announcement boosted investor sentiment, with Netflix shares rising about 1.5% in premarket trading. It has also signalled confidence in the company’s long-term cash flow generation, even as it continues to invest heavily in content and platform expansion.