Netflix said today its Board of Directors has approved a ten-for-one forward stock split of the company’s high-flying common stock that trades at well over 1,000 a share.

The split will be enacted through an amendment to the giant streamer’s Amended and Restated Certificate of Incorporation. 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 its stock option program.

The maneuver means that each shareholder of record as of the close of trading on Monday, November 10 (the record date) will receive, after the close of trading on Friday, November 14, 2025, nine additional shares for every share held as of that date.

Trading is expected to begin on a split-adjusted basis at mark

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