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Zillow Updates Share Repurchase Program to Limit Control

Tipranks - Thu Jun 4, 3:40PM CDT

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Zillow Group Class A ( (ZG) ) has shared an update.

On June 2, 2026, Zillow Group, Inc. held its 2026 Annual Meeting of Shareholders, at which investors re-elected Class III directors Amy C. Bohutinsky, Jay C. Hoag, and Gregory B. Maffei to serve until the 2029 annual meeting. Shareholders also ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

On June 3, 2026, Zillow’s board amended the previously announced 2026 share repurchase program, which had authorized up to an additional $1.25 billion in repurchases of Class A and Class C stock. The amendment bars further buybacks that would result in any single shareholder owning more than 45% of the company’s voting power, a move that maintains dispersed control among investors while leaving all other repurchase program terms unchanged and currently keeping all shareholders below that threshold.

The most recent analyst rating on (ZG) stock is a Buy
with a $95.00 price target.
To see the full list of analyst forecasts on Zillow Group Class A stock,
see the ZG Stock Forecast page.

Spark’s Take on ZG Stock

According to Spark, TipRanks’ AI Analyst, ZG is a Neutral.

The score is driven mainly by solid financial footing (low leverage and improving free cash flow) and a constructive earnings outlook with continued growth and margin expansion plans. This is tempered by weak technical momentum and a relatively expensive valuation (high P/E with no dividend yield provided).

To see Spark’s full report on ZG stock,
click here.

More about Zillow Group Class A

Zillow Group, Inc. operates a leading online real estate marketplace, providing digital platforms and tools that connect home buyers, sellers, renters, and real estate professionals across the U.S. The company’s services span home listings, rental marketplaces, home financing solutions, and related data-driven products that support residential real estate transactions and advertising.

Average Trading Volume: 1,083,465

Technical Sentiment Signal: Sell

Current Market Cap: $8.33B

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