Wed Feb 26 17:10:00 UTC 2025: **ZoomInfo CEO Doubles Down on Stock Buyback After Earnings Surge**
**New York, NY –** ZoomInfo (ZI) CEO Henry Schuck is continuing the company’s aggressive share repurchase program, even after a significant stock price increase following strong fourth-quarter earnings. The stock jumped over 22% on Wednesday, reaching $11.65, following the release of better-than-expected results.
Schuck, appearing on Yahoo Finance’s “Opening Bid” podcast, stated that he believes the current stock price undervalues ZoomInfo and intends to continue buying back shares while this condition persists. The company already repurchased 46 million shares (12% of outstanding shares) in 2024 for $562.3 million and has authorized an additional $500 million for buybacks. Schuck himself has made significant personal investments in the company’s stock recently.
While ZoomInfo’s new AI-powered CoPilot tool has generated $150 million in annual contract value, and the company saw positive year-over-year growth in customers spending over $100,000 annually for the first time since Q3 2023, the company’s 2025 guidance remains cautious due to economic uncertainty impacting smaller businesses. D.A. Davidson analyst Gil Luria maintains a Neutral rating on the stock, citing macro headwinds, despite acknowledging the positive inflection point in net recurring revenue. Luria holds a $13 price target.
Despite the cautious outlook, Schuck remains confident in ZoomInfo’s long-term prospects, viewing the current market conditions as a buying opportunity. He emphasized that the company has already repurchased approximately 18% of its shares over the last 18 months.
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