Elastic announces $500M share repurchase program, no expiration date

Elastic N.V.

Approved share repurchase program up to $500M of ordinary shares; no expiration date.
Repurchases may be made in open market, privately negotiated transactions, or via 10b5-1 plans.
CFO Navam Welihinda cites confidence in business and disciplined capital allocation strategy.
Program may be modified, suspended, or terminated at any time; no obligation to repurchase specific amount.

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