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Investing.com -- Netflix (NASDAQ:NFLX) stock rose 3% in after-hours trading Thursday after the streaming giant announced plans for a ten-for-one stock split to make share prices more accessible to employees participating in its stock option program.
The company’s board of directors approved the split, which will be implemented through an amendment to Netflix’s Amended and Restated Certificate of Incorporation. Shareholders of record as of the close of trading on November 10, 2025, will receive nine additional shares for every share held. Trading on a split-adjusted basis is expected to begin on November 17, 2025.
Netflix shares closed regular trading at $1,089 but climbed to approximately $1,120 in the after-hours session following the announcement.
The stock split won’t change the company’s market capitalization or the value of shareholders’ investments, but it will reduce the per-share price to roughly $109 based on current trading levels. This move aims to make the stock more accessible to employees who participate in Netflix’s stock option program.
Stock splits have historically been viewed favorably by investors as they can increase liquidity and potentially broaden the investor base by making shares more affordable to retail investors, though they don’t fundamentally change a company’s financial position or performance.