SAN FRANCISCO--(BUSINESS WIRE)--Oct 9, 2025-- Elastic (NYSE: ESTC), the Search AI Company, today announced that its Board of Directors has approved a share repurchase program under which the Company is authorized to repurchase up to $500 million of the Company’s outstanding ordinary shares from time to time. The repurchase program does not have an expiration date. “Our share repurchase program reflects the Board and management team’s confidence in the strength of Elastic’s business, strategy and execution,” said Navam Welihinda, Chief Financial Officer of Elastic.