Oct 30 (Reuters) - Netflix ( NFLX ) on Thursday

announced a ten-for-one forward stock split plan of its common

stock, making the company's shares more affordable for retail

investors.

Netflix's ( NFLX ) shares, which have gained more than 360% over the

past three years, were up 3% at $1,123.49 in extended trading.

Each shareholder of the company will receive nine additional

shares for each share held, after close of trading on Nov 10.

Trading is expected to begin on a split adjusted basis at market

open on November 17, the company said.

(Reporting by Juveria Tabassum in Bengaluru; Editing by Anil

D'Silva)