Bloomberg Surveillance · Thursday, July 16, 2026
Netflix executed its largest quarterly stock buyback in history, repurchasing $4.7 billion of stock with $27 billion remaining on its authorization. This move is seen as a signal of confidence by some investors despite recent growth concerns.
“And you know, they bought back, you know, four point seven billion of stock. There's still twenty seven billion left on the authorization so that's the biggest quarterly buyback in history.”
“So I'm happy to see that they took advantage of the weakness. That's what I was hoping and expecting them to do. To me, that sends a little bit of a signal, But you know, every quarter is a little bit noisy.”