This took the form of a stock dividend of six additional shares of common stock for each outstanding share of common stock. The second Netflix stock split was announced in June 2015, when the Board approved a seven-for-one division. Reed Hastings, founder and CEO of Netflix, declared at the time: “Our Q4 performance and the announced stock split reflect the strong, organic and sustained growth of the Netflix model.” The two-for-one split gave existing Netfl ix stockholders an additional share for each they owned on the record date of 2 February 2004. The first NFLX stock split was announced back in January 2004. So, what is the Netflix stock split history? The company has so far split its stock twice. Its $106bn valuation puts it behind Walt Disney ( DIS) and Comcast ( CMCSA). It’s currently the third largest entertainment company by market capitalisation. A Netflix stock split has taken place twice in the past. It currently trades under the NFLX ticker. Netflix went public back in 2002 at a price of $1-a-share. The company, which is based in Los Gatos, California, started life back in 1997 as a postal DVD rental business.
In recent years, it has started producing its own original programmes and has plans to trial an ad-supported tier to lure potential customers unwilling to pay the full price. Members pay a monthly fee to access a wide variety of films, TV series, documentaries and mobile games that are played on devices connected to the internet. Netflix is a pioneer in subscription video-on-demand and now boasts more than 200 million subscribers around the world. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.US30 US Wall Street 30 (USA 30, Dow Jones) The Dropbox Business is designed for small to enterprise level businesses, in which users get full visibility and control over how critical work files are accessed and shared while letting team members continue to use the products. The Dropbox Professional allows independent workers to store, share, and track their work from one place. The Dropbox Plus provides unrivaled sync along with 1 TB of space, powerful sharing features, and increased control.
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