Netflix announces $25 billion share buyback

    https://finance.yahoo.com/markets/stocks/articles/netflix-announces-25-billion-share-101845782.html

    Posted by King-of-Limbs-07

    26 Comments

    1. Great, I’m holding 92c leaps and I was depressed by the -10% move killing muh 100% gains.

    2. Biggest ever for a media company. Interesting how the market will react. Clear they stand on business that Hastings leaving is immaterial.

    3. Roughly $77 per subscriber globally, or $333 per subscriber in the US only, or $1,500,000 per employee.

      Imagine telling employees they could get a $1.5M bonus, but they won’t cuz shareholders.

    4. This is what you do when you don’t know what to do with $25B to grow your business. Has value trap written all over it.

    5. Cool – so will it go back up to $107 briefly so I can get out?

      I don’t believe in this company at all.

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