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Stock impact report

Analyst Positive on Zillow (Z) Buyback Boost [Yahoo! Finance]

Zillow Group, Inc. - Class A (ZG) 
Last zillow group, inc. - class a earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.zillowgroup.com
Company Research Source: Yahoo! Finance
Zillow Group Inc. (NASDAQ: Z ) is among the 10 best non-tech stocks to buy and hold for 5 years . On March 5, William Blair reiterated a Market Perform rating on Zillow Group Inc. (NASDAQ:Z), saying that the company's decision to authorize an additional $1.25 billion in share repurchases is a positive signal pointing to management's confidence in the business. The firm said the move suggests management views the current share price as an attractive opportunity to deploy capital to shareholders. The $1.25 billion expansion in share repurchase authorization brings the company's remaining buyback capacity to $1.3 billion, after repurchasing $626 million of shares year-to-date. Analyst Positive on Zillow (Z) Buyback Boost In its report, William Blair noted that, despite its optimism about the share buyback plan, the core residential segment of Zillow Group Inc. (NASDAQ:Z) continues to face obstacles due to persistently weak home sales volumes. The firm said the segment would material Show less Read more
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