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This excerpt taken from the NFLX 10-Q filed May 7, 2007. 9. Subsequent Event On April 17, 2007, the Company’s Board of Directors authorized a stock repurchase program allowing the Company to repurchase up to $100.0 million of its common stock through the end of 2007.
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This excerpt taken from the NFLX 10-Q filed May 9, 2006. 10. Subsequent Event
On May 3, 2006, the Company issued 3.5 million shares of common stock upon the closing of a public offering for net proceeds of $101.1 million. The Company intends to use the net proceeds from the sale of the common stock for general corporate purposes, including working capital.
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