# Netflix said on Thursday its board has authorized an additional US$25 billion share repurchase program.

*business · news · 2026-04-23 · Bnn Bloomberg*

## Key points

- Netflix's board has authorized an additional US$25 billion share repurchase program with no expiration date.
- Netflix received a US$2.8 billion termination fee from Paramount Skydance related to the Warner Bros deal.
- Recent initiatives include acquiring Ben Affleck’s AI film-tech firm and launching a gaming app for kids.
- Co-founder and Chairman Reed Hastings will exit Netflix in June 2024.

**Companies:** Netflix
**Countries:** United States

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/business/2026/04/23/netflix-boosts-share-buyback-plan-by-us25-billion-after-failed-warner-bros-bid/)

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