Netlfix considers buybacks as they come back into favor

Netflix Inc. raised the possibility of share repurchases at a time when companies most actively pursuing them are back in favor. The streaming-video company said in an investor letter Tuesday that it “will explore returning cash to shareholders through ongoing stock buybacks,” as it did between 2007 and 2011. Netflix’s move followed an eight-month rally in the S&P 500 Buyback Index relative to the S&P 500. The ratio between these gauges climbed 15% through Wednesday after reaching its lowest level since January 2010, according to data compiled by Bloomberg.