secwatch.observer — SEC 8-K summary
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Issuer:     ZILLOW GROUP, INC. (ZG)
CIK:        0001617640
Form:       8-K
Filed at:   2021-12-02T23:59:59+00:00
Accession:  0001617640-21-000101
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zillow Group updates Q4 Homes revenue outlook to $2.3-2.9B; authorizes $750M buyback
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- Sold/under contract/agreed on terms for >50% of homes expected to resell in wind-down.
- Q4 2021 Homes segment revenue outlook raised to $2.3-2.9B from prior $1.7-2.1B.
- Board authorized repurchase of up to $750M of Class A common stock or Class C capital stock.
- Company still expects wind-down to be at least cash-flow neutral after repaying $2.9B secured debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617640/000161764021000101/0001617640-21-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617640/000161764021000101/z-20211202.htm
  HTML page:      https://secwatch.observer/filing/0001617640-21-000101

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