Bloomberg: Netflix investors approved a proposal to increase the company’s authorized shares outstanding, paving the way for a split of the best-performing stock in the Standard & Poor’s 500 Index. Stockholders at the Netflix annual meeting Tuesday in Los Gatos, Calif., also backed a nonbinding proxy-access proposal by New York City municipal pension funds designed to give investors more ability to nominate directors. CEO Reed Hastings said in April he planned to recommend a stock split to the board and that a lower price would make the stock more accessible.