Just saw that Zillow got authorized to buy back another $1.25 billion of its stock. Pretty interesting move - they've got about $1.3 billion left in total buyback capacity after this authorization went through. Between January and early March, they already picked up 3.8 million Class A shares averaging $47.84 each and 9.7 million Class C shares at $45.92 per share. That's roughly $626 million spent in just a couple months. Stock popped 4% on the news, trading around $47.76 on Nasdaq. When companies get authorized for these big buyback programs, it usually signals they think their stock is undervalued at current levels. Makes you wonder if they see better days ahead or just want to return more cash to shareholders. Either way, the market seemed to like it.