June 14, 2010 (FinancialWire) — Netflix, Inc. (NASDAQ: NFLX) said that its board of directors has authorized a stock repurchase program that enables the company to purchase up to $300 million of its common stock through the end of 2012.

The latest repurchase program is in addition to an authorization reported in August 2009.

California-based Netflix is a subscription service streaming movies and TV episodes over the internet and sending DVDs by mail.

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