#None #stock repurchase #Shareholder Value #Zillow Group

Zillow Group's Latest Share Repurchase Program

On March 5, 2026, Zillow Group, Inc. (Nasdaq: Z and ZG), a leader in the real estate industry, announced its Board of Directors' approval of an additional $1.25 billion share repurchase program. This decisive move highlights the company's unwavering confidence in its long-term strategy and its commitment to delivering sustainable, profitable growth for shareholders.

A Strategic Investment in Shareholder Value

As of March 4, 2026, Zillow has approximately $1.3 billion left for future share repurchases, following the latest authorization. For the year 2026, Zillow has already repurchased 3.8 million shares of its Class A common stock at an average price of $47.84 per share, and about 9.7 million shares of Class C capital stock at a weighted average price of $45.92 per share, totaling around $626 million. These actions not only strengthen the company's financial footing but also demonstrate its dedication to enhancing shareholder value.

Zillow's Chief Financial Officer, Jeremy Hofmann, commented on this development, stating, "Our recent share repurchases and today's authorization reflect our continued confidence in our strategy, financial strength, and long-term opportunity to drive sustainable profitable growth over time." He believes that leveraging their strong cash position for repurchasing shares is a savvy move towards returning capital to shareholders while simultaneously investing in their housing super app.

A Proven Track Record

Since 2021, Zillow's total share repurchases amount to approximately $3.3 billion at an average price of $49 per share, encompassing a total of 66.7 million shares repurchased. The program is flexible, allowing Zillow to buy shares as market conditions permit, and demonstrates the company's strategic approach to capital management.

Zillow may conduct these purchases in the open market, through private negotiations, or in a manner deemed fit by management, always adhering to applicable securities laws. Importantly, this share repurchase initiative does not mean Zillow is bound to acquire a specific dollar amount or a set quantity of shares. Moreover, the program can be temporarily halted or completely discontinued based on changing market dynamics, share prices, and trading volumes.

Zillow's Expanding Role in Real Estate

As the creator of a comprehensive portfolio of services in the real estate sector, Zillow Group is redefining how people experience home buying, selling, renting, and financing. As the No. 1 visited real estate app and website in the U.S., Zillow connects millions of users to trusted agents, innovative technology, and seamless digital solutions. Their ecosystem extends throughout the entire housing journey, from the initial dream of homeownership to the final paperwork of purchase and financing.

Zillow’s various brands, including Zillow Premier Agent®, Zillow Home Loans®, Trulia®, and StreetEasy®, work collectively to ensure a smooth experience for agents and clients, emphasizing applications, leases, payments, and other essential processes. This extensive suite of services showcases Zillow's dedication to advancing the real estate industry through technology and customer-centered solutions.

In conclusion, Zillow Group's newly authorized $1.25 billion share repurchase program stands as a testament to its enduring confidence in both the company's operations and its future in the real estate landscape. With a strong cash position and a commitment to growth, Zillow is well-positioned to enhance shareholder value while continuing to innovate in the housing market.