Guidewire board authorizes $400M share repurchase program

Guidewire Software, Inc.

Board approved up to $400M in share repurchases effective immediately.
Repurchases may occur in open market, privately negotiated, or via Rule 10b5-1 plans.
Company had $1.2B in cash, cash equivalents, and investments as of July 31, 2022.
Funding expected from existing cash, working capital, or cash flows from operations.
Program does not obligate any specific repurchase amount and can be modified or suspended.

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