04:33 PM EDT, 10/30/2025 (MT Newswires) -- Netflix ( NFLX ) said late Thursday its board approved a 10-for-1 stock split of its common shares.

The purpose is to make the common stock more accessible to employees participating in the company's stock option program, according to a statement.

Each shareholder of record as of the close of Nov. 10 will receive, after the close of trading on Nov.14, nine additional shares for every share held.

The shares are expected to begin trading on a split-adjusted basis at market open Nov.17, the company stated.