Netflix board approves another $300 million in stock buybacks through 2012
By APFriday, June 11, 2010
Netflix board OKs $300 million in stock buybacks
LOS GATOS, Calif. — Movie rental company Netflix said Friday that its board has approved $300 million in share buybacks through 2012.
That comes on top of $300 million that the board approved last August.
Netflix Inc. shares rose 64 cents to $119.30 in afternoon trading.
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