Netflix‘s shares are about to become more affordable.
The streaming giant announced Thursday that its board approved a 10-for-1 forward stock split of Netflix common stock. “The purpose of the stock split is to reset the market price of the Company’s common stock to a range that will be more accessible to employees who participate in the Company’s stock option program,” Netflix said in announcing the plan.
Netflix stock closed at $1,089.00 per share Thursday, down about 1% on the day but up nearly 23% year to date. On the announcement of the 10-for-1 split, shares rose more than 3% in after-hours trading.
Each Netflix shareholder of record as of the close of trading on Monday, Nov. 10, 2025, will receive, after the close of trading on Friday, Nov. 14, 2025, nine additional shares for every share held on the record date. Trading is expected to begin on a split-adjusted basis at market open on Monday, Nov. 17, 2025.
Netflix said the split will be effected through an amendment to the company’s amended and restated certificate of incorporation.
Netflix most recently enacted a seven-for-one stock split that took effect July 14, 2015.