ZM 8-K Filed 2026-08-25 Execution disclosure

Zoom repurchased 3.7M shares in Q2; $1.3B remaining under authorization

Company disclosed quarterly buyback activity and updated remaining authorization in earnings report filed August 25, 2026.

Shares repurchased3.7M
Remaining$1.3B
MechanismNot specified

What the filing says

Zoom Communications reported it repurchased approximately 3.7 million shares of common stock during the second quarter of fiscal 2027 (ended July 31, 2026), bringing total shares repurchased under the current program to 44.2 million. The company also disclosed that approximately $1.3 billion of authorized share repurchase capacity remained available as of the end of the quarter.

The buyback activity was reported in the company's second quarter earnings announcement filed on Form 8-K on August 25, 2026. The filing does not specify the execution mechanism, average price paid, or detailed authorization terms, but notes the activity in the context of its financial results and forward guidance. Zoom noted in its guidance that the EPS and share count figures provided do not include the impact of the remaining $1.3 billion authorization.

As of July 31, 2026, Zoom held $7.2 billion in total cash, cash equivalents, and marketable securities, providing substantial liquidity for capital allocation. The company's buyback activity reflects management's confidence in business fundamentals as it reported 4.9% year-over-year revenue growth and strong enterprise momentum with 7.8% enterprise revenue growth in the quarter.

Repurchased approximately 3.7 million shares of common stock in second quarter, bringing the total shares repurchased under the current plan to 44.2 million — Zoom Communications, Inc. 8-K filing  ·  View on SEC EDGAR →

What this means

Zoom's Q2 repurchase of 3.7 million shares represents modest but consistent capital returns as the company maintains a substantial authorized program. With $1.3 billion remaining under authorization and $7.2 billion in liquid assets, the company has ample financial flexibility to continue buybacks. The execution does not represent a material new authorization but reflects ongoing deployment of capital under an existing program. The repurchase activity, when combined with organic earnings growth, will reduce the weighted-average share count and support per-share metrics going forward, though management's forward guidance already assumes approximately 301 million shares outstanding and does not yet factor the remaining authorization impact.

Frequently asked questions

How many shares has Zoom repurchased in total under the current program?
According to the filing, Zoom has repurchased approximately 44.2 million shares in total under the current program as of July 31, 2026, including the 3.7 million shares repurchased in the second quarter of fiscal 2027.
How much authorization remains available for future repurchases?
Approximately $1.3 billion of authorized share repurchase capacity remained available as of July 31, 2026. The company noted in its guidance that this remaining authorization is not yet reflected in EPS and share count projections.
What execution mechanism does Zoom use for its buyback program?
The filing does not specify the execution mechanism (such as Rule 10b-18 open-market purchases, accelerated share repurchase, or 10b5-1 plan). Zoom discloses only the number of shares repurchased and remaining authorization.
What was the average price Zoom paid per share in Q2?
The filing does not disclose the average price paid per share during the second quarter. Only the aggregate number of shares repurchased (3.7 million) is disclosed.
Does Zoom's forward guidance account for future buyback activity?
Zoom's fiscal 2027 guidance assumes approximately 301 million weighted-average shares outstanding for EPS calculations. The company explicitly noted that this figure does not include the impact of the $1.3 billion authorized repurchase remaining.
How does the Q2 repurchase activity fit Zoom's capital allocation strategy?
The modest Q2 repurchase of 3.7 million shares reflects ongoing but measured capital returns as Zoom balances growth investments with shareholder returns. With $7.2 billion in liquid assets and strong operating cash flow, the company maintains flexibility to adjust repurchase pace based on business opportunities and market conditions.
execution mega-cap tech-sector rule-10b-18 quarterly-disclosure
Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.