LOS GATOS,
Calif., June 23, 2015
/PRNewswire/ -- Netflix, Inc. (Nasdaq: NFLX) announced today that
its Board of Directors has approved a seven-for-one stock split to
be effected in the form of a stock dividend of six additional
shares of common stock for each outstanding share of common
stock. The stock dividend will be payable on July 14, 2015 to stockholders of record at the
close of business on July 2,
2015. The new shares will be delivered by Netflix's transfer
agent Computershare Trust Company.
Netflix stock will begin trading regular way at the
post-split price on July 15, 2015.
Any shares purchased between the July 2,
2015 record date and the July 14,
2015 payment date will come with a "due-bill" entitling the
buyer to six additional shares for each share purchased.
About Netflix, Inc.
Netflix is the world's leading Internet television network
with over 62 million members in over 50 countries enjoying more
than 100 million hours of TV shows and movies per day, including
original series, documentaries and feature films. Members can watch
as much as they want, anytime, anywhere, on nearly any
Internet-connected screen. Members can play, pause and resume
watching, all without commercials or commitments.
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SOURCE Netflix, Inc.