Zillow authorized a $1.25 billion stock buyback, boosting total capacity to $1.3 billion, amid strong cash reserves and confidence in its "Housing Super App" strategy.

Zillow Group announced a $1.25 billion share buyback authorization on March 5, 2026, boosting its total remaining repurchase capacity to about $1.3 billion. The company spent $626 million on stock repurchases from January 1 to March 4, buying 3.8 million Class A and 9.7 million Class C shares. The move, backed by strong cash reserves, signals confidence in Zillow’s financial health and long-term growth, particularly its "Housing Super App" strategy. The buyback follows a 36% stock decline year-to-date and comes amid stabilizing mortgage rates and industry-wide shifts toward shareholder returns.